GMGN Co-founder Addresses DOOD Token Issue on BSC Chain

GMGN’s co-founder, Haze, has addressed concerns regarding DOOD tokens issued on the Binance Smart Chain (BSC) chain. Users reported losses in specific trading scenarios, leading to immediate company action. Haze outlined his resolution plan during a May 11, 2025, statement on X platform, promising full compensation for affected users and prioritizing user trust amidst technical challenges. The GMGN team committed to resolving the technical issue swiftly and restoring services to pre-incident functionality. A company spokesperson confirmed that compensation will be provided through GMGN trading wallets. This transparency aims to build public trust while working toward a solution.