MITH delisted by Binance exchange, asks to return 200,000 BNB deposit
Binance cryptocurrency exchange announced on their website that they will be delisting MITH. While the Mithiril developers are not complaining about that, they are asking the crypto exchange to return their deposit which was whopping 200,000 BNB. This BNB, according to the MITH developers would help Mithril to operate in coming future.
For those who do not remember, MITH was the first token be listed on BNB’s Beacon Chain. The team also donated 20,000 BNB to Binance Charity and even collaborated with Binance exchange for myriad partnership and informal requests.
Mithril is asking #Binance 200,000 #bnb which is what they claim to have paid back in 2018 for listing $mith token.
Some interesting takes:
1. Mithril website has been offline from quite sometime.
2. Their last tweet was on January 2021.
3. Project is completely dead.
— Kamal Singh 👑 (@emphatic) December 15, 2022
It shall be noted that when Binance listed Mithril in 2018, BNB’s token price was not high as today and returning those 200,000 BNB will put a lot of sell pressure. Also, it would make sense for Binance to return equivalent amount in dollars, not in BNB tokens.
Some twitter users are saying that the Mithril project has been dead from past two years and they have not tweeted even one since last year’s January. Yet, they have the atrocity to ask for money back after delisting.
ser.. your last post before this was on 7th Jan
you abandoned your holders and community and your founders are looking for some easy money we don’t need u around pic.twitter.com/YUQRSpkxg5
— notEezzy 🧸 (@notEezzy) December 15, 2022
Another very funny thing to notice is that Mithril’s official website is offline. They needed only $20 to renew that domain and a cheap shared hosting to keep that website alive.