Virtuals Protocol suspends token migration function and will add token audit mechanism to prevent fraud

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Foresight News reported that Virtuals Protocol has acknowledged the issues involving the migration of tokens to Virtuals. Earlier today, several tokens that were migrated were mintable, allowing creators to mint additional tokens and sell them into the liquidity pools created on Virtuals. To better protect users, the team is integrating an auditing service to filter out fraudulent tokens that are being migrated. Currently, token migration has been disabled while the integration is being implemented.

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