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Crypto Prune > Market > Rapid denial from the company
Market

Rapid denial from the company

10 months ago 2 Min Read

Hashkey groups that operate in the cryptocurrency and blockchain sectors are on the agenda along with allegations made about it.

According to a report visionary titled “In the midst of a storm of public opinion: What happened to Hashkey?”, the company claimed it had only about six months of cash flow left in its financial resources and recently fired a third of its staff. The report also claimed that some of its suppliers had experienced a delay in payment or had terminated the contract.

In response to these claims, the Hashkey Group issued a harsh statement. The company said the news in question was intentionally intended to mislead the public and was a “malicious attack” aimed at damaging their reputation. The statement included:

“The published articles were prepared with the aim of misleading the public and damaging our reputation. Such malicious behavior can not only be condemned, but also reveal the capital links and the motives of unethical competition that lie behind it.”

Hashkey has turned his attention to possible capital connections between visionary news and trading platform OSL. According to a statement from the company, BC Technology, the parent company of OSL, received an investment from the BGX Group in November 2023. The group’s de facto controller was also the founder of a visionary venture, and the investment in question made BGX Group the largest shareholder in BC Technology, bringing it to a 29.97% stake.

Hashkey Group argued that all business operations are carried out in accordance with regulatory requirements and that their activities are progressing steadily. The statement also said efforts to manipulate public opinion through the influence of capital are incompatible with commercial ethics and harm fair competition in the sector.

See also  VC considers Stablecoins to be Crypto's "killer app"

*This is not investment advice.

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