Sun Yuchen: The joint project party will compensate 100% of all GALA token holders on the Huobi platform

2022-11-05 22:25:35

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ChainCatcher news, Sun Yuchen stated that, first, the joint project party will compensate 100% of all GALA real coin holders on the Huobi platform, with a one-to-one rigid redemption, totaling over 55 million GALA in compensation, and will reopen GALA token trading, deposits, and withdrawals on the Huobi platform to restore normal order.

Secondly, according to the clues of the deposit of fake GALA coins into the platform, they will track down the attackers' illegal accounts.

Thirdly, to maximize the protection of platform users' interests, the PGALA token will be launched with built-in burning mining, and all transaction fees from PGALA will be used to buy back and destroy PGALA continuously to empower.

Fourthly, with due diligence, Huobi will launch a bounty program with a scale of 1 million USD to reward those who actively return profits gained from exploiting this vulnerability and have withdrawn their earnings from the platform. For malicious attackers who refuse to return, Huobi will collect evidence and collaborate with global partners to take all necessary measures for recovery. (source link)

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Sun Yuchen GALA pGALA Huobi

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