Crypto Exchange Gate.io Rejects Rumors That Sank Related Token

Crypto exchange Gate.io rejected rumors about its health that caused a related token to sink, saying its “operations are running healthily.”

The platform, which is about a decade old and ranked in the top 20 globally for crypto trading volume in the past 24 hours, said in a blog post Wednesday that “there are no issues with our operations or withdrawals as rumored.”