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Binance Wallet responds to insider trading allegations! An investigation revealed an employee from BNB Chain leveraged inside knowledge, earning $113,000 in front-running trades using UUU tokens. 💼💰 The employee has been suspended, and Binance is cooperating with authorities
Binance has suspended a staff member amid allegations of insider trading. The internal audit team identified the employee's misuse of confidential information for personal gain. Read the full article here: https://t.co/Hdr2TW91gG #Binance #InsiderTrading #CryptoNews #Web3
🚨 ALERT: Binance has confirmed staff misconduct involving front-running trades using insider information from a previous role. The employee has been suspended, legal action is underway, and $100K in whistleblower rewards has been distributed. https://t.co/v21QSsWwP1
Binance has suspended a team member following allegations of insider trading involving front-running trades. The employee reportedly misused confidential information from a previous role, which allowed them to earn $113,000 through front-running trades using UUU tokens. Binance has confirmed that legal action is underway and has distributed $100,000 in whistleblower rewards. The internal audit team identified the misconduct, and the company is cooperating with authorities regarding the investigation.