#CryptoMarketWatch

🚨 Important Update for $GPS & $SHELL Holders! Binance Announces Compensation Plan🚨

After a detailed investigation, Binance discovered that a market maker associated with the GoPlus Security ($GPS) project was also involved in market-making activities for MyShell ($SHELL). In light of this, Binance has taken decisive action by removing and permanently banning this entity from participating in any future market-making activities on its platform.

The funds obtained through the market maker's unauthorized activities have been confiscated and will be used to compensate affected $GPS and $SHELL holders. Binance will soon share a comprehensive compensation plan to ensure fairness and transparency.

Binance reaffirms its dedication to providing a secure and reliable trading environment for all users. Stay tuned for more updates as they become available!

#CryptoNews #BinanceUpdate #GPS #SHELL

$GPS