Legend: Will Gradually Shut Down the Company, App to Be Taken Offline on July 12

Odaily Odaily reported that Legend posted on Platform X, stating that after two years of development, the company has decided to gradually shut down. The team pointed out that the product failed to reach the scale required for long-term sustainable development. The Legend app will remain operational for the next 60 days and will go offline on July 12. New user registration has been suspended as of today, and existing users are advised to withdraw their funds before the app shuts down. Relevant documentation will be retained for 60 days after the app goes offline.