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Binance Opens XIRTAM Refund Claims for Victims

Binance Opens XIRTAM Refund Claims for Victims

2023-09-06 15:31

Fellow Binancians,

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 diligently 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, we have 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 our official guide below, which is available in both English and Chinese.

Refund Claim Guide

https://docs.google.com/forms/d/e/1FAIpQLSfB6RdPojEmk-VrljSL5wrZUzUyLNPaBW0WP8QDArV69_iPsA/viewform 

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, we cannot guarantee a refund for you at this time, as we are 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 we are still reviewing your activity. 

Binance reserves the right in its sole and absolute discretion to determine the refund process and criteria, and the eligibility of any claim for a refund as well as the amount thereof. Binance shall not be responsible or liable to any person for any claim, loss or matter that may arise from or in connection with the actions of XIRTAM and/or any action or inaction taken in relation to this refund exercise, including but not limited to the determination of the eligibility of any claim for a refund and/or the amount of refund. 

If you have any questions or concerns, you may scroll to the bottom of the aforementioned guide to submit an inquiry with detailed information regarding your investment and/or loss. We will review your case and follow up with you.

Thanks for your support!

Binance Team

2023-09-07

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.