Multiple Network: Due to the contamination of MTP token supply, a token swap and buyback plan will be implemented

ChainCatcher message, the DePIN project Multiple Network stated on platform X that previously, due to third-party market makers unlocking and selling tokens, the original MTP token supply was contaminated, resulting in compromised token security. To protect community interests and ensure system stability, the team will implement a comprehensive token swap, accompanied by systematic buyback measures.

At 10 AM Beijing time, all exchanges will suspend the deposit/withdrawal/trading of MTP and take a snapshot. The new MTP tokens will be automatically issued at a 1:1 ratio (applicable to both exchange users and on-chain users). The new token contract address (BSC chain): 0x83330d159C9A4B09E6717feeFef7a634b70D216A. According to previous news, Binance Alpha will support the BEP20 contract swap for Multiple Network (MTP).