[//]:content-type-MARKDOWN-DONOT-DELETE As required by the Luffy (LUFFY) team, Gate.io migrated the Luffy (LUFFY) tokens to the new contract at a ratio of 1,000,000:1 in March 2023. Gate.io has now completed the token migration. However, during this process, one user's token migration was unsuccessful, resulting in the user selling a total of 2,689,438,240 LUFFY tokens (worth approximately 310,000 USDT) at a lower price and receiving only 210,000 USDT. This immediately triggered our risk control system to protect the assets. We contacted the user as soon as possible and bought back all LUFFY tokens sold by the user, ensuring that the circulation of LUFFY tokens was not affected. All losses incurred in this process were borne by Gate.io. Currently, Gate.io has resumed the withdrawal of LUFFY. We apologize for any inconvenience caused and promise to provide a 100% reserve to ensure professional and trustworthy asset verification services. We appreciate your understanding and support. Gateway to Crypto Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io [Sign up](https://www.gate.io/signup "Sign up") to enter the crypto gateway and get 40% commission from [referrals](https://www.gate.io/referral "referrals") [Download iOS/Android App](https://www.gate.io/mobileapp?ch=ann27560 "Download iOS/Android App") right now. Reach out to us! Twitter: https://twitter.com/gate_io GateVIP Twitter:https://twitter.com/Gateio_Inst Telegram: https://t.me/gate_io API Telegram: https://t.me/gateioapi Instagram: https://www.instagram.com/gateioglobal Medium: https://gateio.medium.com/ Podcast: https://gateio.buzzsprout.com/?ch=buzzs Gate.io Team April 18th，2023