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Binance announced the XIRTAM refund is now open for victims to claim. Users can follow the Refund Claim Guide to confirm eligibility and claim their refund. Only those who have participated in an official XIRTAM token sale, public or private, are eligible for a refund.
In May 2023, Arbitrum-based project XIRTAM stole 1,909 $ETH from users via token sales and deposited the funds into Binance. The exchange then froze XIRTAM's account and the funds. Binance said its 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. To support the victims, it launched the recovery process for over 1,750 victim addresses today.
Related: An Unusual Rug Pull: XIRTAM transfers the Rugged 1909 $ETH to Binance and soon gets frozen
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