"Last bug" move from the project that Binance will exclude from the list
In the GFT project, which the Binance exchange announced that it would exclude from the list, the team took action for the last highlight. The token supply was doubled and sold by transferring to many exchanges, including Binance.
While the Binance exchange announced on Tuesday that it will delist 5 cryptocurrencies, one of the projects on this list, the Gifto (GFT) team almost came. According to the information given by the on-chain "detective" ZachXBT, the Gifto team doubled the supply after Binance's dismissal announcement.
The team generated another 1.2 billion tokens on BNBChain and sent these tokens to Kucoin, MEXC, Bitget, Binance, OKX and Gateio exchanges. It is considered certain that the tokens have been sold.
After the spread of the news, the token value, which has been falling since yesterday, has decreased by another 40%. There was even a warning in Coingecko that the Gifto team issued new tokens.