The HashKey exchange responded to the negative news reported earlier by Foresight News, saying that HashKey is operating normally and that there is a suspected capital connection behind Foresight News' report, and HashKey called for resisting malicious smear behavior and maintaining fair competition in the industry. (Synopsis: Hong Kong's HashKey exchange reported: only half a year's cash flow, one-third of the layoffs, employees holding the platform coin $HSK plummeted 85%.. (Background supplement: HashKey three license layouts completed: in-depth analysis of its globalization strategy) Foresight News broke the news earlier today (30) that HashKey, Hong Kong's first licensed cryptocurrency exchange, is facing a crisis, and Foresight News listed the following: HashKey's cash flow on the account is urgent, and it can only last for half a year; HashKey is making mass layoffs, with a third of its employees being laid off and some IT vendors being delayed in payments or even terminations; Employees' salaries and bonuses are highly tied to the HashKey platform coin HSK, but HSK has plummeted by 85% in the past six months; HashKey faces high compliance costs and needs to burn money continuously, but compliance also makes it difficult to expand its business, exchanges can trade fewer coins, and many businesses cannot be involved due to compliance issues... HashKey solemnly declares: resist malicious smears and maintain fair competition in the industry However, in response to this news, HashKey issued a solemn statement at about 4 p.m., saying that the exchange is operating normally and all businesses are steadily advancing, calling for resisting malicious smear behavior and maintaining fair competition in the industry: Today, the media platform Foresight News published an article that maliciously smears HashKey Group, which attempts to damage HashKey by misleading the public The Group's reputation. This kind of behavior is not only regrettable, but also exposes the complex capital connections and unfair competition motives behind it. Foresight News is suspected to have a capital connection to exchange OSL. According to public information, OSL parent company BC Technology announced in November 2023 that it accepted investment from BGX Group, and the actual controller of the group, Liu Shuai, is also the founder of Foresight Ventures. Upon completion of the transaction, BGX Group holds 29.97% of BC Technology's shares, making it its largest shareholder. HashKey Group is currently operating normally and all operations are progressing steadily under the compliance framework. This behavior of manipulating public opinion with capital not only seriously violates business ethics, but also destroys the fair competition environment of the industry. We strongly condemn Foresight News' malicious report and have launched a full investigation. At the same time, HashKey Group will take all necessary legal actions against the malicious acts and relevant responsible parties behind it, resolutely safeguard its legitimate rights and interests, and defend the company's reputation and the normal order of the industry. We call on all parties in the industry to maintain fair competition and promote the healthy development of the industry as their common goal. The combination of capital and media should aim at the progress of the service industry, rather than becoming a tool for unfair competition. It is hoped that the majority of industry participants will take a rational view of all kinds of public opinion information, work with us to resist malicious competition, and create a clear and fair industrial environment. Related Stories HashKey Cloud and Google Cloud Publish White Paper: The Future of Stake, Re-Staking and RWA HashKey AI Business Reveals Technology Roadmap, First Product ModAI Open Global Testing HashKey Three License Layouts Completed: In-depth Analysis of Its Globalization Strategy [HashKey solemnly declares: The group's operations are normal, rumors are smeared by the media] This article was first published in BlockTempo's The most influential blockchain news media.
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HashKey solemnly declares: The group's operations are normal, and rumors are media smears.
The HashKey exchange responded to the negative news reported earlier by Foresight News, saying that HashKey is operating normally and that there is a suspected capital connection behind Foresight News' report, and HashKey called for resisting malicious smear behavior and maintaining fair competition in the industry. (Synopsis: Hong Kong's HashKey exchange reported: only half a year's cash flow, one-third of the layoffs, employees holding the platform coin $HSK plummeted 85%.. (Background supplement: HashKey three license layouts completed: in-depth analysis of its globalization strategy) Foresight News broke the news earlier today (30) that HashKey, Hong Kong's first licensed cryptocurrency exchange, is facing a crisis, and Foresight News listed the following: HashKey's cash flow on the account is urgent, and it can only last for half a year; HashKey is making mass layoffs, with a third of its employees being laid off and some IT vendors being delayed in payments or even terminations; Employees' salaries and bonuses are highly tied to the HashKey platform coin HSK, but HSK has plummeted by 85% in the past six months; HashKey faces high compliance costs and needs to burn money continuously, but compliance also makes it difficult to expand its business, exchanges can trade fewer coins, and many businesses cannot be involved due to compliance issues... HashKey solemnly declares: resist malicious smears and maintain fair competition in the industry However, in response to this news, HashKey issued a solemn statement at about 4 p.m., saying that the exchange is operating normally and all businesses are steadily advancing, calling for resisting malicious smear behavior and maintaining fair competition in the industry: Today, the media platform Foresight News published an article that maliciously smears HashKey Group, which attempts to damage HashKey by misleading the public The Group's reputation. This kind of behavior is not only regrettable, but also exposes the complex capital connections and unfair competition motives behind it. Foresight News is suspected to have a capital connection to exchange OSL. According to public information, OSL parent company BC Technology announced in November 2023 that it accepted investment from BGX Group, and the actual controller of the group, Liu Shuai, is also the founder of Foresight Ventures. Upon completion of the transaction, BGX Group holds 29.97% of BC Technology's shares, making it its largest shareholder. HashKey Group is currently operating normally and all operations are progressing steadily under the compliance framework. This behavior of manipulating public opinion with capital not only seriously violates business ethics, but also destroys the fair competition environment of the industry. We strongly condemn Foresight News' malicious report and have launched a full investigation. At the same time, HashKey Group will take all necessary legal actions against the malicious acts and relevant responsible parties behind it, resolutely safeguard its legitimate rights and interests, and defend the company's reputation and the normal order of the industry. We call on all parties in the industry to maintain fair competition and promote the healthy development of the industry as their common goal. The combination of capital and media should aim at the progress of the service industry, rather than becoming a tool for unfair competition. It is hoped that the majority of industry participants will take a rational view of all kinds of public opinion information, work with us to resist malicious competition, and create a clear and fair industrial environment. Related Stories HashKey Cloud and Google Cloud Publish White Paper: The Future of Stake, Re-Staking and RWA HashKey AI Business Reveals Technology Roadmap, First Product ModAI Open Global Testing HashKey Three License Layouts Completed: In-depth Analysis of Its Globalization Strategy [HashKey solemnly declares: The group's operations are normal, rumors are smeared by the media] This article was first published in BlockTempo's The most influential blockchain news media.