sonsak
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"Binance added the newly listed $GPS token to the 'watchlist' just 2 days later. Pairs listed on this watchlist have a high risk of being delisted.
In the official statement, it was mentioned that this decision was made for the following reason: The Market Maker was found to have sabotaged the Binance listing, earning an unfair profit of $5,000,000, and became the top earner in the $GPS pair.
Following this announcement, GPS experienced a significant drop, but later the Market Maker was banned from the exchange, and the team likely conducted a buyback. Will all of this be enough to lift the watchlist decision?
With these recent decisions, Binance has also signaled that it is becoming more stringent in its listings."
In the official statement, it was mentioned that this decision was made for the following reason: The Market Maker was found to have sabotaged the Binance listing, earning an unfair profit of $5,000,000, and became the top earner in the $GPS pair.
Following this announcement, GPS experienced a significant drop, but later the Market Maker was banned from the exchange, and the team likely conducted a buyback. Will all of this be enough to lift the watchlist decision?
With these recent decisions, Binance has also signaled that it is becoming more stringent in its listings."
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