Dear XTers,
Recently, five projects—PIN, ME, MMC, SSS, and CGFY—have engaged in highly concentrated token holding, market manipulation, and abnormal trading activities, resulting in varying degrees of impact on some users' trading assets. XT.COM has taken this matter very seriously and promptly established a special task force to conduct comprehensive cross-verification and in-depth audits of all platform trading data and internal logs.
Following rigorous data review and risk assessment, XT.COM has decided to adopt a resolution mechanism that combines "differentiated buybacks" and "fixed-amount buybacks" based on the actual circumstances of each project, in order to maximize the protection of affected users' legitimate rights and interests.
I. Final Buyback Plan
This resolution plan covers the following 5 trading markets:
PIN/USDT, ME/USDT, MMC/USDT, SSS/USDT, CGFY/USDT
The specific arrangements are as follows:
(1) PIN & ME Buyback Plan
- Eligible Users: Users holding PIN or ME tokens who have incurred losses exceeding 500 USDT due to malicious market manipulation by the project team.
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Buyback Prices:- PIN: 0.000865053 USDT per token- ME: 0.0157037398 USDT per token
- Compensation Cap: Maximum of 1,000 USDT per user
- Compensation Method: The platform will deduct the corresponding number of tokens from the user's account at the buyback price and credit the equivalent amount in USDT to the user's spot account.
(2) MMC, SSS & CGFY Buyback Plan
- Eligible Users: Users holding MMC, SSS, or CGFY tokens who have incurred losses exceeding 100 USDT due to malicious market manipulation by the project team.
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Buyback Prices:- MMC: 0.00000117981 USDT per token- SSS: 0.14776095934 USDT per token- CGFY: 34.59953836 USDT per token
- Compensation Cap: Maximum of 500 USDT per user
- Compensation Method: The platform will deduct the corresponding number of tokens from the user's account at the buyback price and credit the equivalent amount in USDT to the user's spot account.
(3) Application Process
Complete KYC Verification → Submit Compensation Application Form → Platform Review → Tokens Deducted Upon Approval → USDT Credited to Account
II. Execution Details and Important Notes
- Fund Distribution Method
- This buyback operates on an application-and-review basis. Users are required to submit an application form. The relevant platform departments will verify whether the user meets the eligibility criteria. Upon approval, the system will deduct the corresponding token amount and credit the equivalent USDT value to your XT spot account at the buyback price. -
Application and Distribution Timeline- The UID submission channel will close 15 business days from the date of this announcement. Late applications will not be accepted.
- Buyback funds will be fully distributed within 30 business days from the date of this announcement.
- Once distribution is complete, the platform will notify affected users via in-app messages and email. Please check your account statements accordingly. - Data Verification and Anti-Fraud Mechanisms
- All buyback data will be strictly calculated based on the system's historical transaction logs. Irregular activities such as wash trading, self-trading, and abnormal cross-trading will be excluded to ensure a fair, just, and transparent buyback process. - Customer Support
- If you have any objections to your loss calculation or buyback amount, please contact XT official online customer support or submit a ticket within 10 days of receiving the buyback amount. We will assign dedicated staff to provide one-on-one verification services.
III. Risk Disclaimer and Special Statement
We fully understand the inconvenience and distress that market volatility and abnormal incidents may cause to our users, and we sincerely apologize for any less-than-satisfactory experience you may have encountered during your participation.
This compensation is a voluntary decision made by the platform based on user care and a sense of responsibility. It does not constitute a commitment or precedent for similar incidents involving past or future projects.
XT.COM always places the interests of our users first. Going forward, we will continue to enhance our risk control systems and listing review mechanisms, striving to provide all users with a safer, more transparent, and more efficient digital asset trading environment.
Should you have any questions, please feel free to contact our customer service team via official Telegram or online tickets. We are available 24/7.
Thank you for your support!
XT Team
August 21, 2026
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XT Exchange reserves the right, at its sole discretion, to modify, amend, or cancel this announcement at any time for any reason without prior notice.