According to Wu, Kaito disclosed that it signed a market-making protocol with Web3Port on February 17 and proactively terminated the cooperation on February 27, as Kaito believed that Web3Port’s execution deviated from its original intention. This incident occurred before the negative reports about Web3Port and the exchange investigation that began in March.
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Kaito: Actively terminated collaboration with Web3Port on February 27.
According to Wu, Kaito disclosed that it signed a market-making protocol with Web3Port on February 17 and proactively terminated the cooperation on February 27, as Kaito believed that Web3Port’s execution deviated from its original intention. This incident occurred before the negative reports about Web3Port and the exchange investigation that began in March.