Mithril Claims 200,000 BNB From Binance After Its Tokens Delisted
Blockchain social media project Mithril has requested a return BNB after Binance delisted its currency from the platform earlier today.
As part of the initial listing in November 2018, the project paid a 200,000 BNB deposit to Binance.
Mithril asserted that the initiative has long been a partner of the cryptocurrency exchange.
It said that the return was required in order to maintain operations. The blockchain social media project has been essentially dormant for over two years.
Mithril also stated that it has made gifts to Binance Charity and given various efforts as part of its long-standing working relationship with the firm, which began in 2018. The Blockchain Charity Foundation received 20,000 BNB as part of the listing announcement in 2018.
Mithril’s token, denoted by the symbol MITH, was the first to be issued on the Binance Chain in April 2019. It was also the first pair to be listed on the decentralized Binance exchange.
Binance delisted four tokens yesterday, including MITH. The notification noted that the tokens no longer fulfilled the exchange’s listing requirement.
Mithril last tweet before today was on January 7, 2021. The project’s website looks to be down as well.
The BNB deposit would have been valued at just around $1 million at the time of listing in 2018, but today it was over $50 million at the current value of BNB.
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