Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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River issued a supplementary statement to the Chinese community: All buyback records have been synchronized and provided to the Binance and exchange teams.
2025-11-10 11:32

Odaily Planet Daily reports that River issued a supplementary statement to the Chinese community, stating that the River team conducted a large-scale spot buyback during the first attack attempt and did the same during the second attack. However, realizing that continuous buybacks could not solve the fundamental problem, all buyback transaction records (November 7th and 9th) have been provided to the Binance and exchange teams. The Pts exchange mechanism will be redesigned, and mechanism optimization and data verification have been initiated, with subsequent work proceeding in an orderly manner.