Multichain exploit

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Multichain, a cross-chain bridge protocol , shut down in July 2024 after its CEO, known as Zhaojun, was detained by Chinese authorities and the protocol ran out of operational funds following $210mln exploit in July 2023
Multichain, a cross-chain bridge protocol formerly known as Anyswap, suffered a major security breach in July 2023 that resulted in over $210 million in losses across multiple blockchains, including Fantom, Ethereum, BNB Chain, Cronos, and Polygon

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