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Gate.io Denies Hacking Rumors, Assures Users of Platform Security
Popular crypto exchange Gate.io has reacted to the rumors circulating online about a supposed security incident on its platform. The rumors, which began spreading on X and Telegram in the early hours of Friday, encouraged users to withdraw their funds immediately as the platform had been successfully hacked. This led to widespread panic, causing users to wonder about the safety of their funds and assets.
Gate.io Dismisses Security Breach Claims as Social Media Panic Fizzles Out
In a rather quick response, however, Gate.io has come forward to deny those claims. The platform warned users to pay no attention to such rumors, reassuring them that their funds and accounts are safe. Part of the company’s post on X reads:
“The Gate.io security team has not detected any abnormalities, nor have any security agencies reported issues.”
Also, the team noted that deposits, withdrawals, and trading are fu
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