Binance suspends employee over using inside information for personal gain
16 Articles
16 Articles
Binance Suspends Employee Over Insider Trading Incident, Awards $100K to Whistleblowers
Binance suspends an employee for posting token information seconds after issuance. Exchange awards $100,000 bounty split equally among five verified whistleblowers. Former CEO CZ offers to forward misconduct reports through the appropriate channels. Binance suspended an employee on December 7, 2025, following an internal investigation into insider trading allegations. The exchange’s audit department received a report claiming an employee used in…
Key points of the news: A Binance employee was suspended for promoting a meme coin in Binance Futures’ official account. Binance called the action “abuse of position” and contacted the authorities to investigate the case. The company rewarded the five whistleblowers who revealed the incident with a total of $100,000. Possible diciplinary actions could face a Binance employee who was already suspended, after the exchange discovered its connection…
Binance Suspends Employee Over Insider Trading on New Meme Token
What Triggered Binance’s Insider-Trading Probe? Binance suspended an employee on Monday after internal investigators flagged activity that suggested insider trading linked to a newly issued token nicknamed “year of the yellow fruit.” The token was promoted through official Binance social media channels seconds after appearing onchain, drawing immediate attention and a rapid price spike. According to Binance, its audit department received a whist…
Binance Suspends Employee That Used Official X Account to Promote BNB Chain Token – Decrypt
In brief Binance suspended an employee after they promoted a meme coin via one of the firm’s official X accounts. The token launched 1 minute before a post from the Binance Futures account that promoted the same phrase and image. The meme coin jumped as high as $6 million market cap, and has generated more...
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