The media outlet Foresightnews reported that the HashKey platform only has six months of cash flow left and has conducted extensive layoffs, to which the company responded as "a malicious attack."

Blockbeats
30 May

BlockBeats News, May 30th, Foresightnews published an article titled "Caught in a Public Opinion Storm, What's Wrong with HashKey?" In the article, it was revealed that HashKey's account is left with almost only six months of cash flow, and recently HashKey has carried out large-scale layoffs, with one-third of its employees being dismissed, some IT vendors experiencing delayed payments or even contract cancellations.

In response, HashKey Group officially released a statement: "The article published by Foresightnews deliberately misleads the public, attempting to damage our reputation. This malicious behavior is not only condemnable but also exposes its underlying capital affiliation and unethical competitive motives. There is a potential capital affiliation between Foresight News and the OSL trading platform. Public information indicates that OSL's parent company BC Tech announced in November 2023 that it had accepted investment from the BGX Group, whose ultimate controller is also the founder of Foresight Ventures. After the transaction is completed, the BGX Group holds 29.97% of BC Tech's shares, becoming its largest shareholder.

HashKey Group hereby declares that all business operations are proceeding normally, and business activities strictly comply with regulatory requirements, steadily advancing. The act of manipulating public opinion through capital influence seriously violates business ethics and disrupts fair competition within the industry. We strongly condemn Foresight News's malicious reporting and have initiated a comprehensive investigation. Additionally, HashKey Group will take all necessary legal actions against the relevant parties to protect our legitimate rights and interests."

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