Gifto team issues another 1.2B GFT on BSC and deposits it into several exchanges

Blockchain expert ZachXBT reported on X that the team of Web3 gifting platform Gifto issued an additional 1.2 billion GFT tokens on Binance Smart Chain (BSC) a few hours ago, bringing GFT's total supply to more than doubled. This comes on the heels of the announcement that Binance would delist GFT on Nov. 26. Subsequently, these newly-minted GFT tokens were deposited into several exchanges, including KuCoin, MEXC, HTX, Bitget, Binance, OKX and Gate.io.