The NFTY team has been closely monitoring the situation with the MultiChain Foundation since early May. Around that time, the MultiChain foundation indicated concerns with lack of contact with their CEO.
However, after today's events continuing the controversy, the NFTY team has decided to act out of an abundance of caution.
Moving forward as of July 6, 2023, the NFTY team will move to concentrate liquidity across its native chain, Ethereum. More communications are to come with transaction records on the liquidity rebalancing.
Stay tuned for official updates at: https://twitter.com/nftyfinance/
In the meantime, please revoke all MultiChain approvals via: http://revoke.cash