News

Binance Extends Redemption Offer For XIRTAM Victims

Key Points:

  • Binance reopens asset recovery application for XIRTAM issue- users can now apply to recover their ETH assets!
  • Binance’s security team froze assets of the suspected account address after reports of fraudulent activities impacted multiple users.
  • Users must submit their applications by August 2, 2023 to be eligible for asset recovery. Follow the instructions provided and provide accurate and detailed information for a smooth process.
Binance has revealed the reopening of the asset recovery application for users affected by the XIRTAM issue.

Reports of multiple users being impacted by fraudulent activities prompted Binance’s security team to investigate the incident and freeze the assets of the suspected account address.

Over the past month, BNB’s dedicated security team has diligently worked to address the concerns surrounding the XIRTAM project. This involved engaging in effective communication with users and continuously striving to find resolutions. Recently, the team successfully completed testing for the return of assets, marking a significant milestone in the recovery process.

With all the necessary preparations completed, BNB now invites its users impacted by the XIRTAM issue to submit their specific information through a designated form. To be eligible for asset recovery, users must submit their applications by 23:59 on August 2, 2023. Once the affected Binance account is verified, the security team will initiate the return of the respective ETH assets to eligible users through the smart contract address.

This initiative highlights BNB’s commitment to maintaining a secure and trustworthy platform for its users. By actively investigating the XIRTAM issue and taking appropriate measures to safeguard user assets, Binance demonstrates its dedication to the integrity of the crypto community.

Users who have experienced losses or disruptions due to the XIRTAM incident are urged to seize this opportunity and submit their applications promptly. Binance’s security team is fully prepared to process the requests and ensure that eligible users receive their assets in a timely manner.

It is crucial for users affected by the XIRTAM issue to follow the instructions provided by Binance and provide accurate and detailed information in their application forms. This will facilitate the verification process and enable a smooth asset recovery process.

Binance remains committed to maintaining transparency and ensuring the security of its users’ assets. By actively addressing and resolving incidents like XIRTAM, Binance strengthens its reputation as a trusted platform in the crypto space, fostering confidence among its user base.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Annie

Coincu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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