🚨 **Important Announcement for GPS & SHELL Holders! Binance to Compensate Impacted Users** 🚨
After a comprehensive investigation, Binance has identified 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 discovery, Binance has taken immediate action by removing and permanently banning this entity from participating in any future market-making activities on its platform.
The proceeds obtained through these unauthorized activities have been confiscated and will be allocated to compensate affected $GPS and
$SHELL holders. Binance is currently finalizing a detailed compensation plan, which will be shared with the community shortly.
Binance reaffirms its dedication to ensuring a secure and transparent trading environment for all users. Further updates will be provided as the situation develops. Stay informed! 🚨