Announcements Gate.io Notice on Rollback of Abnormal MOTG/USDT Trades around 01: 33:25 August 31, 2023

Gate.io Notice on Rollback of Abnormal MOTG/USDT Trades around 01: 33:25 August 31, 2023

2023-08-31 06:22:03 UTC 12643 Read
On August 31, 2023, around 01: 33: 25 UTC, abnormal trades occurred in the MOTG/USDT trading market. As we have a comprehensive risk monitoring system in place, the anomalies were flagged immediately and thus immediate actions were taken by our team. To further protect our users and maintain a transparent and fair trading environment for all users, an action to roll back the abnormal MOTG/USDT trades happened around 01: 33: 25 UTC, August 31, 2023 was made.

The MOTG/USDT trades filled around 01:33 - 01:34 UTC have now been cancelled. The original asset to purchase or sell is now back to respective user’s spot balance.

For users who were affected during the rollback, a VIP level up and 50 Points will be given in about 2 working days.

Should you have any further question, please don't hesitate to contact our 24/7 support.

Thank you for your understanding and continued support.

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Gate.io Team
August 31, 2023

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