Binance Supports Asset Recovery for Victims of XIRTAM Fraud

By Binance
Feb 12, 2024, 5:03 PM
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Binance froze the account and launched the recovery process for victims of the XIRTAM fraud.​ Users who participated in the token sale are eligible for a refund.​ Binance will also support asset recovery for secondary market participants and end the process for primary market participants.​

Sources

In early May 2023, a project called “XIRTAM” stole a large sum from its investors and deposited around 1,909 ETH to a Binance account. Our team promptly froze the account, analyzed its activities, and launched the recovery process in September for over 1,750 victim addresses.

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