Binance Update on XIRTAM Asset Recovery: Eligible user assets will be automatically returned on September 4th.

Aug 9, 2023465

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Binance employee @sisibinance provided an update on Twitter regarding the recovery of assets from the XIRTAM project. They stated that after evaluation, the automatic return of eligible user assets will occur on September 4, 2023. Binance responded to the news that the XIRTAM project, which had fled, transferred 1909 ETH to Binance. Binance has frozen the funds due to suspected fraud and is cooperating with law enforcement for investigation. On July 2nd, Binance released a refund application form for XIRTAM, collecting addresses of victims.

Binance employee (@sisibinance) has posted an update on Twitter regarding the detailed information on asset recovery for XIRTAM, stating "After evaluation, the 'automatic return' time for all eligible user assets is September 4, 2023."
On May 4, the XIRTAM project, which fled, transferred the collected 1909 ETH to Binance. Binance responded that the XIRTAM project involving fraudulent funds has been frozen and will be investigated by law enforcement agencies. On July 2, Binance released the XIRTAM refund application form to collect victim addresses.
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