Chain (XCN) or Rug Pull occurs, Token drops 96.28%

On June 14, blockchain cloud infrastructure Chain (XCN) may have Rug Pull, and Token prices fell 96.28% in 24 hours. Chain was founded in 2014, Has raised over $40 million from Khosla Ventures, RRE Ventures, and strategic partners including Capital One, Citigroup, Fiserv, Nasdaq, Orange, and Visa. Deepak Thapliyal is the current CEO and chairman of the board of Chain. Prior to joining Chain, Thapliyal has been a domain name investor working in arbitrage trading systems in the private sector.