PANews reported on March 7 that GoPlus Security posted on the X platform: "First, GoPlus has set up a special investigation team to conduct a comprehensive investigation into the abnormal price fluctuations. Binance also provided additional support to assist in investigating the cause of the incident. First, in response to community feedback that a leaker disclosed the launch information in advance and suspected that this person was a member of the GoPlus team or a community administrator, GoPlus immediately launched an internal investigation. The results of the investigation showed that this was not true. Because the GoPlus team did not know in advance about the launch plan of GPS on March 4. Everything happened very suddenly, and our team only learned about the launch after the announcement was released, and immediately cooperated with Binance to meet any additional requirements from our side. In addition, it has been confirmed that the people who spread various rumors have nothing to do with the parties involved, and they have no way to obtain internal information about the launch through official internal channels.
On the day of launch, GoPlus transferred a total of 500 million GPS tokens to Binance. Of these, 300 million GPS tokens have been issued as rewards for the BNB HODLer program, and the remaining 200 million tokens will be used for future marketing activities. For the sake of transparency, Binance has transferred the remaining 200 million GPS tokens to a public wallet address. In response to the 50% plunge in GPS prices in 24 hours, GoPlus is conducting an internal investigation with multiple partners and will fully explain our findings to users. ”
