Binance employee (@sisibinance) posted an update on Twitter regarding the progress of asset recovery for XIRTAM, stating that "after evaluation, the 'automatic return' time for all user assets that meet the return conditions is September 4, 2023."

Previously, on May 4th, it was reported that the XIRTAM project, which had fled, transferred 1,909 ETH raised to Binance. Binance responded by stating that the fraudulent funds involved in the XIRTAM project had been frozen and would cooperate with law enforcement agencies for investigation. On July 2nd, Binance released an XIRTAM refund application form to collect victim addresses.