Aptos Rejects Shutdown Rumors as 'Baseless'
Summary
- Aptos (APT) said it had forcefully denied shutdown rumors raised in some quarters.
- CEO Avery Ching said claims that the blockchain could halt operations within the next six months were a baseless rumor.
- Aptos' public materials showed no plan to suspend mainnet operations.
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Aptos (APT) has forcefully denied rumors that it may shut down.
BlockBeats and other outlets reported on October 3 that Aptos CEO Avery Ching addressed the claim in a post on X that day. 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' public materials showed no plan to suspend operation of its mainnet.
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