Binance will place the GPS token on the warning list.

Binance Announces Adding GoPlus Security (GPS) to the Monitoring List Starting March 7, 2025

Reason for GPS Being Assigned the Monitoring Tag

GoPlus Security (GPS) has been placed on the Monitoring List due to a sharp decline in token price immediately after its spot listing, along with notable market-making activities by one of GPS’s Market Makers. Specifically:

• Approximately 70 million GPS tokens were sold by the Market Maker from 20:00 on March 4, 2025, to 16:55 on March 5, 2025.
• No buy orders were placed by the Market Maker during this period.
• The Market Maker continuously sold tokens right after the spot trading began.
• This Market Maker was the biggest beneficiary, gaining approximately 5 million USDT.
• Binance has temporarily suspended the Market Maker’s account and is conducting an in-depth investigation into the matter.

For full details, see Binance’s announcement:
[Binance Will Extend the Monitoring Tag to GPS on 2025-03-07 | Binance Support]