IHC Esports management denied accusations of the club's involvement in the arrested persons

Dave Lee, chairman of the Mongolian esports organization IHC Esports, denied allegations that the club was involved in the arrests. Recall that on Tuesday, February 7, journalists published information according to which the founders of the organization were arrested as a result of a scandal around the cryptocurrency market. However, the club's current management denied all accusations, issuing an official statement regarding the situation.

The management of IHC Esports would like to address recent events and express our deep regret at the spread of misleading information about our organization. This malicious act caused significant damage to our team and affected their well-being. Despite difficult circumstances, we remain steadfast in our commitment to our mission and vow to compete with honor and distinction in all future endeavours.

We categorically declare that these individuals have nothing to do with the management of the club, and we strongly deny these allegations.

The spread of misleading information has not only affected team morale, but has also jeopardized the stability of our operations. We would like to assure all stakeholders that we are fully committed to maintaining the integrity of our organization and protecting the interests of all parties involved.

The primary source of the news that a number of people associated with the professional club IHC Esports were arrested by the Mongolian authorities is the Dexerto portal. The journalists managed to find out that the leaders of the organization were accused of misappropriation of funds and money laundering. As a result, the future of the Mongolian organization, which was reported to be closely associated with the arrested IHBIT Global functionaries, was called into question.

Thus, the organization IHC Esports cleared all charges and got out of a situation that, according to the statement, had a strong impact on the well-being of the players.