Backpack Founder Announces Review of Complex Witch Cases and Token Compensation Plan

KuCoinFlash

Release Time: 03/25/2026 07:06:18

Summary

Backpack founder Armani announced the token launch on March 25, revealing a reassessment of complex witch cases. The team will establish an appeal channel with clear rules to safeguard user interests. Users with three or fewer accounts on a single device will receive over 50% of their tokens back after verification. A token buyback program is also planned for new token listings on the secondary market to compensate eligible users.

BlockBeats news, on March 25, Backpack founder Armani said: Our sybil investigation team is re-evaluating some more complex cases, and we thank everyone who has supported us.

Yesterday, Backpack founder Armani and the core team prepared to immediately open an appeals channel, establishing clear rules to maximize user protection: any user identified as a sybil who operated three or fewer accounts on a single device will receive more than 50% of their tokens back after manual review and verification. Additionally, over the coming days, the Backpack team will launch a dedicated program to repurchase tokens on the secondary market for targeted compensation to eligible users.

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