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Binance CEO explains why exchange won't refund Mithril 200,000 | .

Binance CEO explains why exchange won't refund Mithril 200,000 BNB after delisting

Binance
CEO Changpeng Zhao explained why the exchange chose not to refund the deposit of 200,000 BNB to Mithril after delisting its token yesterday. Blockchain project Mithril said it deposited 200,000 BNB to Binance in 2018 — about $1 million at the time.

The Binance chief broke down why the exchange decided to keep Mithril’s deposit. Zhao implied the team made the right decision (of not releasing the deposit), claiming it acted within its right. He said on Twitter that since the website of the project was offline, the Mithril team violated the listing terms. Zhao added the team had the right to take the deposit.

Source

https://t.me/Cash_Blockchain_News