PANews reported on November 29 that Gifto posted a message on the X platform early this morning: "Pay attention to the serious security incident related to the GFT contract. The GFT token contract has been hacked and more GFT tokens have been issued. We are investigating, we do understand the seriousness of this matter, and assure you that we are taking the necessary measures. We ask all exchanges that list GFT to stop trading the token. We are working hard to resolve this issue."

According to previous news , after Binance announced that it would delist Gifto (GFT) on December 10, the Gifto project issued an additional 1.2 billion GFTs and transferred them to multiple exchanges.