#BinanceAlphaAlert

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🚨 Attention $GPS and $SHELL Holders! Binance Announces Compensation Plan 🚨

Binance has completed a thorough investigation into irregular market activities involving a market maker associated with both the GoPlus Security (GPS) and MyShell (SHELL) projects. The findings revealed that this entity was engaged in market-making activities for both tokens, violating Binance's policies.

In response, Binance has taken decisive actions:

Permanent Ban: The implicated market maker has been permanently banned from participating in any future market-making activities on Binance's platform.

Seizure of Illicit Proceeds: All illicit proceeds generated from the market maker's activities have been seized. These funds will be allocated to compensate affected GPS and SHELL holders.

A comprehensive compensation plan detailing eligibility criteria, distribution mechanisms, and timelines will be announced shortly. Binance remains committed to maintaining a secure, trustworthy, and transparent trading environment.

Stay tuned for further updates!

#CryptoNews #BinanceUpdate #GPS #SHELL

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