Binance starts accepting claims from XIRTAM victims
Binance has launched a procedure whereby victims of a project using the name “XIRTAM” can claim refunds.
In early May 2023, a project using the name “XIRTAM” stole a large sum from its investors and subsequently deposited an estimated 1,909 Ether (ETH) to a Binance.com account. Binance promptly froze the account and the funds deposited, preventing the project team from accessing them.
Following this incident, Binance’s security team had worked to analyze the project’s activities and identify victims, including their net losses, in order to facilitate a refund of the frozen funds. Today, as a matter of goodwill, Binance has launched the recovery process for over 1,750 victim addresses.
Users who have participated in an official XIRTAM token sale, public or private, may be eligible for a refund. To confirm your eligibility and claim your refund, please follow Binance official guide.
It is important to note that the project team obtained the 1,909 ETH from its token sale investors, and as a result, only token sale investors will be considered for a refund.
Supported Contracts
- Token Sale 1: 0x31eecf3f5c3ea2ee8ee7c0266a98e89f933a4b6b
- Token Sale 2: 0x6c9cdd434d1c77c64fbc44f5c3ce1209cd53bc6a
- Fjord Foundry LBP: 0x67e0524739e59ca57ac27e520ea05d14cdb6015e (Balancer: 0xba12222222228d8ba445958a75a0704d566bf2c8)
If you purchased XIRTAM on the secondary market, or through a third-party, Binance cannot guarantee a refund for you at this time, as the company is not in possession of the funds that you paid for the XIRTAM token sale.
If you did participate in an official token sale, and the guide indicates that you are not eligible for a refund, it is possible that Binance is still reviewing your activity.