Binance employee "mouse warehouse" involved in the project uDEX: 18 million UUUs related to insider trading will be destroyed
2025-03-27 08:00:21
On March 27th, uDEX announced that it has been coordinating with various stakeholders recently and agreed on the following actions: A series of measures will be taken to enhance transparency and stability, including locking the developer wallet for 2 years, using 149 million UUUs for community airdrops and liquidity management, destroying 500 million UUUs and sending them to black holes, and destroying 18 million UUUs through Binance to clear insider trading. These actions are designed to clear uncertainty and move the project forward. Previously, uDex officially deployed the token UUU on the Four.Meme platform. A Binance Wallet employee affiliate made a profit of $113,600 by trading Meme UUUs. Binance informed that the employee has been suspended and will be held legally responsible.
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