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Aptos Rejects Shutdown Rumors as "Baseless"

Source
JOON HYOUNG LEE

Summary

  • Aptos (APT) said it had firmly denied shutdown rumors raised in some quarters.
  • CEO Avery Ching said speculation that the project could halt blockchain operations within the next six months was a "baseless rumor."
  • Aptos's public materials showed no plan to suspend operation of its mainnet.

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Photo: Aptos (APT)
Photo: Aptos (APT)

Aptos (APT) forcefully denied rumors circulating in some quarters that the project may shut down.

BlockBeats and other outlets reported on October 3 that Aptos CEO Avery Ching addressed the claims in a post on X. He called the shutdown speculation a "baseless rumor."

Posts on social media that day had suggested Aptos could halt blockchain operations within the next six months.

A review of Aptos's public materials found no plan to suspend operation of its mainnet.

JOON HYOUNG LEE

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul

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