Aptos CEO denies shutdown rumors, calling them "stupid rumors"

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Aptos CEO Avery Ching dismissed recent blockchain rumors about a potential shutdown, calling them "stupid rumors." The original X account that spread the story provided no official Aptos announcements or governance documents. When questioned, the account admitted the information was unverified. Another account claimed Aptos had undergone layoffs and was experiencing financial strain, but offered no evidence. Public records show ongoing proposals for blockchain upgrades and mainnet updates, with no indication of a shutdown.

ChainCatcher report: In response to rumors circulating in the community that “Aptos will shut down its blockchain within the next six months,” Avery Ching, co-founder and CEO of Aptos Labs, publicly stated that this is a “ridiculous rumor.” The X account that originally posted the claim provided no official Aptos announcements, governance proposals, or supporting documentation. When pressed for evidence, the account admitted the information was merely “hearsay” and urged caution in interpreting it. Additionally, another community account claimed that Aptos had undergone significant layoffs over the past year and was facing financial pressure; however, this account also acknowledged that its sources were “unreliable,” and no publicly available evidence currently confirms these claims. Aptos’s publicly available governance records still show active network upgrade proposals and implemented mainnet feature updates, with no indication of any official plan to shut down the mainnet.

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