GoPlus announces remediation and improvement plan: repurchase GPS with 4.34 million USDT in the next 90 days, and provide an additional $2 million in user compensation

According to BlockBeats, on March 11th, GoPlus Security announced a remediation and improvement plan on social media: "Binance has frozen USDT assets obtained from GPS trading in the original market maker account (current balance is 4.34 million USDT). After the regulatory process is completed, these funds will be taken over by GoPlus. Subject to compliance with laws, regulations, and market rules, use the funds to repurchase GPS within the next 90 days to support the healthy development of the market. Perform limit buybacks on Binance GPS/USDT trading pairs. Adopting multiple small daily purchases to avoid drastic market fluctuations. All repurchased tokens will be permanently destroyed. In order to actively respond to community concerns and safeguard user interests, we will provide an additional $2 million in direct compensation. This compensation will be directly distributed through Binance to users who made net purchases on the Binance platform between 21:00:00 on March 4th and 17:55:59 on March 5th (UTC+8). Community members who pledge GPS at a high price and remain confident in the project will take a snapshot on March 13th at 10:00 UTC to record the duration and amount of all pledged addresses. These users will receive additional GPS token rewards in the next season's airdrop. The reward ratio will be determined based on the duration and amount of the pledge, and SBT (Soulbound Token) will be airdropped to all eligible wallet addresses as on chain proof