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- Binance, the leading cryptocurrency exchange, has launched a refund process for victims of the XIRTAM rug pull scam in May12. The scam led to a loss of over $3 million or 1,909 ETH for unsuspecting investors1. Fortunately, the ill-gotten gains were stored in an account on Binance, which froze it after the rug pull tactic was uncovered1. Binance has rolled out a smart contract designed to refund impacted users2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Binance takes decisive action, launching a refund process for victims of the XIRTAM rug pull scam in May, which led to a loss of over $3 million or 1,909 ETH for unsuspecting investors. Fortunately, the ill-gotten gains were stored in an account on Binance, which froze it after the rug pull tactic was uncovered.www.econotimes.com/Binance-Rolls-Out-Smart-Co…Binance, the leading cryptocurrency exchange, has taken proactive measures to address the financial losses suffered by users in the wake of the Xirtam rug pull scam. In response to the recent fraudulent activities surrounding the Arbitrum-based Xirtam project, Binance rolled out a smart contract designed to refund impacted users.www.bitdegree.org/crypto/news/binance-unveils-au…
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Binance Initiates XIRTAM Refund Claims Process for Scam Victims
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- If you were scammed by someone who asked you to invest in a platform that offered high yield and high returns, but your withdrawal was denied after depositing funds select [Fake Investment];
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- If you were scammed by someone who claims they can get you a job/income opportunity but requires a financial deposit before you can start the job/work, select [Job or Income scam];
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