Satori Finance announces termination of operations, users must withdraw funds before July 17
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According to The Block, Satori Finance, backed by Polychain Capital and an exchange among other institutions, has announced it is ceasing operations. Users must withdraw their assets before 07:59 on July 17 (UTC+8). In 2022, Satori Finance completed a $10 million seed funding round, deployed on networks such as Arbitrum, Optimism, and BNB Chain, and offered 25x leverage and points mining models.
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