Binance applauds the efforts of the United States’ Department of Justice (DOJ) in compensating 170,000 victims of the 2017-18 Centra Tech fraud. The U.S. has recovered 100,000 $ETH, which will be used to fund the remission pool 👏 Read more ⤵️
The U.S. has recovered 100,000 ETH, which will be used to fund the remission pool that seeks to compensate over 170,000 victims of fraud who traded the CTR token. Binance has worked tirelessly to identify as many victims of this fraud as possible and is pleased they will be given the opportunity to get their funds back.
"We don't tolerate crime in any way, and we're proud to work with the U.S. Department of Justice to reach the victims of the Centra Tech fraud," said Binance CEO Changpeng Zhao. "We are thrilled that tens of thousands of users may be getting their money back. Protecting users has always been our top focus, and we've greatly advanced our capabilities to do so since Centra Tech's fraud occurred five years ago.
Details regarding the DOJ's Remission Administration, and the process by which recovered funds are being returned to victims, can be found
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