Was the listing information leaked by GoPlus or Binance?
The GoPlus crew got screenshots of user chats when we were looking into the unusual price swings.
According to these screenshots, people from other forums had previously obtained information regarding Binance listing $GPS, which they then used to propagate claims that Binance and GoPlus were engaging in insider trading.
Here's why this is a rumor:
First, the GoPlus team was not notified beforehand by Binance of the $GPS listing on March 4.
The team immediately moved 5% of $GPS to Binance's account after learning about the listing only after Binance made its formal announcement.
Everything moved swiftly, and the team didn't start organizing their efforts to support Binance's operations until after the announcement.
Second, neither the GoPlus nor Binance teams are connected to the people circulating the rumors.
Binance has been actively working with the GoPlus team to resolve the issue in response to the unusual price swings.
Both teams located the rumor's source during the investigation and verified that the person was not an internal GoPlus or Binance employee and could not have had access to advance listing details.
Finally, our technical staff is organizing and analyzing the data as they continue to look into what is causing the unusual price swings.
The GoPlus team will continue to communicate with the GoFam in the interim. We continue to be totally committed to creating and promoting ecosystem growth.
We have no doubt that this struggle will only serve to highlight our resilience and strength. The proverb "There's a rainbow always after the rain" applies here.
We appreciate your support of GoPlus.
The GoPlus crew got screenshots of user chats when we were looking into the unusual price swings.
According to these screenshots, people from other forums had previously obtained information regarding Binance listing $GPS, which they then used to propagate claims that Binance and GoPlus were engaging in insider trading.
Here's why this is a rumor:
First, the GoPlus team was not notified beforehand by Binance of the $GPS listing on March 4.
The team immediately moved 5% of $GPS to Binance's account after learning about the listing only after Binance made its formal announcement.
Everything moved swiftly, and the team didn't start organizing their efforts to support Binance's operations until after the announcement.
Second, neither the GoPlus nor Binance teams are connected to the people circulating the rumors.
Binance has been actively working with the GoPlus team to resolve the issue in response to the unusual price swings.
Both teams located the rumor's source during the investigation and verified that the person was not an internal GoPlus or Binance employee and could not have had access to advance listing details.
Finally, our technical staff is organizing and analyzing the data as they continue to look into what is causing the unusual price swings.
The GoPlus team will continue to communicate with the GoFam in the interim. We continue to be totally committed to creating and promoting ecosystem growth.
We have no doubt that this struggle will only serve to highlight our resilience and strength. The proverb "There's a rainbow always after the rain" applies here.
We appreciate your support of GoPlus.
