I really gained some insight, witnessing a high-end business battle unfold in the cryptocurrency world.
Recently, there have been too many rumors in the crypto space. I heard that the brother who can't withdraw his funds is actually the 'uncle' in the TG group, and his identity is an official of BiyaPay. BiyaPay and Mystonks are in direct competition, and this incident appears to be a carefully orchestrated 'attack'.
The sequence of events is roughly as follows: he first boasted in the group that he held 100 million USD, then conducted stock trading on BiyaPay, conveniently advertising the platform by claiming it is user-friendly. Next, he transferred funds to the Mystonks platform for operation, which led to the incident of the 6 million USD that couldn't be withdrawn - the entire chain of operations almost set a trap for Mystonks.
Imagine, a person who truly possesses 100 million USD is actually playing stocks on-chain; this action itself carries a unique high-end feel within the community and raises speculation about the underlying intentions.
Additionally, today I saw many people starting to discuss the compliance issues of Mystonks. Frankly speaking, I am not familiar with various licenses, but I can understand human nature and read the underlying conspiracies. The industry big shot Ni Da @PhyrexNi directly pointed out the compliance doubts of Mystonks. I also hope Ni Da can express some views on the compliance status of BiyaPay, while looking forward to Mystonks quickly providing relevant evidence regarding the frozen funds and clarifying the reasons for the freezing - once the reasons are transparent, all rumors will naturally be unfounded.
If this matter can be handled properly, then Mystonks is likely to welcome a true big circle, an influence that is enough to catch the attention of the entire crypto space. At that time, on-chain activity, capital flow, and even the development of ecological projects may undergo new changes.