Announcements Gate.io to Roll Back Abnormal Transactions in the PEPPER/USDT Market

Gate.io to Roll Back Abnormal Transactions in the PEPPER/USDT Market

2024-10-13 07:36:49 UTC 50330 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
Due to the PEPPER airdrop token experiencing liquidity issues that caused its price on the exchange to be significantly higher than external prices, opening deposits would result in potential losses for users. Therefore, we have decided to roll back the transactions and suspend market trading. To further protect user assets and maintain a fair and transparent trading environment, Gate.io will roll back PEPPER transactions to eliminate the adverse effects of abnormal transactions on users.

During this period, the executed transactions will be canceled, and the original funds will be returned to users' spot accounts.

All affected users during this period will be compensated with Gate.io Points, excluding users who have recovered their losses due to the rollback. Funds from counterparties need to be returned, and tokens obtained through airdrops can be retained.

Affected users can submit the following form to apply for compensation: https://www.gate.io/questionnaire/5289
Please fill out the form and submit your application before 07:00am on November 13th, 2024 (UTC).

For any questions, please contact our 7*24 online customer service.

Thank you for your understanding and support.

<sp>
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Gate.io Team
Oct 13th, 2024

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