Binance's internal audit department received a report that an employee profited from using inside information to post information on official social media, the company said in a statement. After a preliminary investigation, it was confirmed that the employee was related to the token issued on the chain at 13:29 on December 7, and posted the relevant text and pictures less than a minute later. This behavior violated Binance's policies and professional ethics and constituted abuse of power.
The employee has been immediately suspended and further disciplinary action will be taken. At the same time, Binance has proactively contacted the relevant departments in the employee's jurisdiction and will actively cooperate to take appropriate legal action in accordance with applicable laws. At the same time, Binance has completed the verification of valid reports submitted through official reporting channels, and the total reward of $100,000 will be divided equally among the 5 early valid reports.
Binance: Confirmed that there are employees who use insider information to profit illegally, has suspended them and will pursue legal responsibility
2025-12-08 11:21:39
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