When opening a contract on JuCoin, please pay attention to the official compensation details, as follows:
On August 1, the JuCoin contract system encountered an extreme market bug, users lost 7.3 million USDT, and some people earned 2.87 million USDT.
The platform also announced that it would take out 10 million USDT and pay it in place before August 8. The problem belongs to the platform! This wave of patterns is full!
🚨 Explanation of the contract system anomaly on August 1, 2025, and compensation decision
From 16:06 to 16:09 (UTC+8) on August 1, the ETHUSDT contract experienced a price spike, resulting in some users making abnormal profits of 2.87 million USDT, while others incurred abnormal losses of 7.3 million USDT.
To effectively protect the interests of all platform users, we have decided:
✅ Full distribution of abnormal profits: Users who made profits during the incident will not be subject to retroactive measures or recovery, with a total distribution of approximately 2.87 million USDT;
✅ Full compensation for abnormal losses: The platform will fully bear the losses incurred by users during the incident. This includes accounts that were originally in a floating loss state, with total compensation amounting to approximately 7.3 million USDT.
The total compensation amount borne by the platform for this incident exceeds 10 million USDT, and all compensations will be completed by August 8 at 24:00 (UTC+8).
We will continue to optimize system stability to ensure that every user receives the protection they deserve during extreme market conditions.
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