4 whistleblowers rewarded in Binance insider trading investigation

In a movement that underscores its commitment to transparency and internal regulation, Binance has suspended an employee after discovering his participation in a privileged information usage scheme. The decision came after an internal investigation that revealed how the worker used confidential data to make profits before the public launch of a new token.

4 whistleblowers rewarded in Binance insider trading investigation

Binance, the world’s largest cryptocurrency exchange, has announced that it rewarded four whistleblowers who helped expose insider trading activities. According to the exchange, the four individuals received a total of $100,000 following an internal investigation triggered by a complaint about an employee engaging in front-running trades to secure improper profits, Binance stated on March 25. Binance noted that after verifying the claims, it equ…