The Multichain cross-chain protocol team сообщила on Twitter that it cannot reach its chief executive Zhao Jun amid ongoing technical problems.
According to them, for full restoration of operations, server maintenance is required, but access to it lies with the CEO.
«[Со своей стороны] команда сделала все возможное, чтобы поддерживать работу протокола», — добавили они.
On May 31, Multichain encountered an issue with Router5 scanning nodes that affected normal inter-network servicing of some chains. However, a resolution lies beyond the current capabilities of the team.
«Чтобы защитить интересы наших пользователей, мы решили приостановить соответствующую межсетевую службу для затронутой сети в пользовательском интерфейсе. На прошлой неделе такая же проблема возникла на Router2», — сообщили представители проекта.
Users were urged not to directly invoke Multichain’s smart contracts to perform operations in the affected networks.
The statement came amid rumors of the Multichain team’s arrest in China.
In recent days, the company’s vice president for strategic partnerships, who goes by the alias Mor, has been in contact with the community. As previously reported by The Block, Zhao Jun’s whereabouts remain unknown.
As of writing, according to CoinGecko, the price of the MULTI token fell by 4%, to $4.05.
Earlier, the first technical problems at the cross-chain protocol emerged on May 21. Users reported transactions stuck in the blockchain due to an error during a network upgrade.
The project team linked this to maintenance work on the cross-chain router nodes.
Due to the issues, the cryptocurrency exchange Binance was forced to suspend deposits in tokens POLS, ACH, BIFI, SUPER, AVA, SPELL, ALPACA, FTM, FARM and DEXE.
The Multichain developers promised compensation to users affected by the “force majeure.” On the same day, despite the ongoing uncertainty around the project, MULTI token prices jumped 36%.