TechFlow news, March 23 — GoPlus Security announced it has successfully transferred all frozen funds into its corporate account with Binance's support and officially launched the GPS token buyback program. GoPlus will use these funds to repurchase GPS tokens according to its remediation plan, aiming to support healthy market development. Meanwhile, GoPlus commits to a transparent buyback process, publishing weekly updates on progress. All repurchased GPS tokens will be sent to a burn address.
Previously, in response to recent GPS token price fluctuations, GoPlus announced a series of measures, including a $4.34 million buyback program and a $2 million user compensation plan.
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