🚨 Attention $GPS & $SHELL Stakeholders! Binance to Provide Compensation to Affected Users 🚨
Following an extensive investigation, Binance has uncovered that a market maker associated with the GoPlus Security (GPS) initiative was simultaneously involved in market-making for MyShell (SHELL). In response, Binance has taken decisive action by removing and permanently banning this entity from any future market-making activities on its platform.
The illicit gains derived from the market maker's actions have been confiscated and will be allocated to compensate affected GPS and SHELL holders. A comprehensive compensation plan will be disclosed shortly.
Binance remains steadfast in its commitment to fostering a secure and trustworthy trading ecosystem. Further updates will be provided in due course.