ExchangeDEX+
Buy CryptoMarketsSpotFuturesBTCEarnEvents
More
The post Binance Takes Legal Action Against Employee “The Reason Is a Newly Released Altcoin!” appeared on BitcoinEthereumNews.com. Binance, the world’s largest cryptocurrency exchange, has released a statement regarding an employee involved in insider trading. Binance Futures announced in a statement that it has initiated legal action against the employee for using internal company information for personal gain. Accordingly, Binance announced that it will sue an employee who used the price increase of a listed altcoin for personal gain yesterday. According to the statement made by the Binance Futures X account, an altcoin was also shared on the Binance Futures account one minute after it was mined on the chain yesterday, December 7. At this point, it was stated that the exchange employee in question misused some of the information he obtained from insiders and shared it from his “Binance Futures” account. Following this post, Binance stated that it received a tip regarding the employee’s activities on December 7. The exchange confirmed in its investigation that the employee sent information regarding a specific token issued on-chain to an official account at 05:29 UTC that day. Binance stated that this action was a clear abuse of power and a violation of its internal company regulations and ethics rules, and initiated legal proceedings in addition to the suspension. Binance stated that it will strengthen its internal controls to prevent similar incidents and welcomes community moderation, requesting that future reports be submitted through official email channels. Binance also recently stated that five people who informed Binance about the incident through the official complaint email received a total reward of $100,000. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/binance-takes-legal-action-against-employee-the-reason-is-a-newly-released-altcoin/The post Binance Takes Legal Action Against Employee “The Reason Is a Newly Released Altcoin!” appeared on BitcoinEthereumNews.com. Binance, the world’s largest cryptocurrency exchange, has released a statement regarding an employee involved in insider trading. Binance Futures announced in a statement that it has initiated legal action against the employee for using internal company information for personal gain. Accordingly, Binance announced that it will sue an employee who used the price increase of a listed altcoin for personal gain yesterday. According to the statement made by the Binance Futures X account, an altcoin was also shared on the Binance Futures account one minute after it was mined on the chain yesterday, December 7. At this point, it was stated that the exchange employee in question misused some of the information he obtained from insiders and shared it from his “Binance Futures” account. Following this post, Binance stated that it received a tip regarding the employee’s activities on December 7. The exchange confirmed in its investigation that the employee sent information regarding a specific token issued on-chain to an official account at 05:29 UTC that day. Binance stated that this action was a clear abuse of power and a violation of its internal company regulations and ethics rules, and initiated legal proceedings in addition to the suspension. Binance stated that it will strengthen its internal controls to prevent similar incidents and welcomes community moderation, requesting that future reports be submitted through official email channels. Binance also recently stated that five people who informed Binance about the incident through the official complaint email received a total reward of $100,000. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/binance-takes-legal-action-against-employee-the-reason-is-a-newly-released-altcoin/

Binance Takes Legal Action Against Employee “The Reason Is a Newly Released Altcoin!”

Author: BitcoinEthereumNewsSource: BitcoinEthereumNews
2025/12/08 23:30
Griffin AI
GAIN$0.003519+1.70%
TokenFi
TOKEN$0.004559-5.37%
Everclear
CLEAR$0.00498+2.46%
Power Protocol
POWER$0.15575-2.41%
FUTURECOIN
FUTURE$0.08285+1.78%

Binance, the world’s largest cryptocurrency exchange, has released a statement regarding an employee involved in insider trading.

Binance Futures announced in a statement that it has initiated legal action against the employee for using internal company information for personal gain.

Accordingly, Binance announced that it will sue an employee who used the price increase of a listed altcoin for personal gain yesterday.

According to the statement made by the Binance Futures X account, an altcoin was also shared on the Binance Futures account one minute after it was mined on the chain yesterday, December 7.

At this point, it was stated that the exchange employee in question misused some of the information he obtained from insiders and shared it from his “Binance Futures” account.

Following this post, Binance stated that it received a tip regarding the employee’s activities on December 7.

The exchange confirmed in its investigation that the employee sent information regarding a specific token issued on-chain to an official account at 05:29 UTC that day.

Binance stated that this action was a clear abuse of power and a violation of its internal company regulations and ethics rules, and initiated legal proceedings in addition to the suspension.

Binance stated that it will strengthen its internal controls to prevent similar incidents and welcomes community moderation, requesting that future reports be submitted through official email channels.

Binance also recently stated that five people who informed Binance about the incident through the official complaint email received a total reward of $100,000.

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

Source: https://en.bitcoinsistemi.com/binance-takes-legal-action-against-employee-the-reason-is-a-newly-released-altcoin/

Market Opportunity
Griffin AI Logo
Griffin AI Price(GAIN)
$0.003519
$0.003519$0.003519
-1.70%
USD
Griffin AI (GAIN) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Stark Reality Of Post-Airdrop Market Dynamics

The Stark Reality Of Post-Airdrop Market Dynamics

The post The Stark Reality Of Post-Airdrop Market Dynamics appeared on BitcoinEthereumNews.com. Lighter Trading Volume Plummets: The Stark Reality Of Post-Airdrop
Share
BitcoinEthereumNews2026/01/19 13:16
Headwind Helps Best Wallet Token

Headwind Helps Best Wallet Token

The post Headwind Helps Best Wallet Token appeared on BitcoinEthereumNews.com. Google has announced the launch of a new open-source protocol called Agent Payments Protocol (AP2) in partnership with Coinbase, the Ethereum Foundation, and 60 other organizations. This allows AI agents to make payments on behalf of users using various methods such as real-time bank transfers, credit and debit cards, and, most importantly, stablecoins. Let’s explore in detail what this could mean for the broader cryptocurrency markets, and also highlight a presale crypto (Best Wallet Token) that could explode as a result of this development. Google’s Push for Stablecoins Agent Payments Protocol (AP2) uses digital contracts known as ‘Intent Mandates’ and ‘Verifiable Credentials’ to ensure that AI agents undertake only those payments authorized by the user. Mandates, by the way, are cryptographically signed, tamper-proof digital contracts that act as verifiable proof of a user’s instruction. For example, let’s say you instruct an AI agent to never spend more than $200 in a single transaction. This instruction is written into an Intent Mandate, which serves as a digital contract. Now, whenever the AI agent tries to make a payment, it must present this mandate as proof of authorization, which will then be verified via the AP2 protocol. Alongside this, Google has also launched the A2A x402 extension to accelerate support for the Web3 ecosystem. This production-ready solution enables agent-based crypto payments and will help reshape the growth of cryptocurrency integration within the AP2 protocol. Google’s inclusion of stablecoins in AP2 is a massive vote of confidence in dollar-pegged cryptocurrencies and a huge step toward making them a mainstream payment option. This widens stablecoin usage beyond trading and speculation, positioning them at the center of the consumption economy. The recent enactment of the GENIUS Act in the U.S. gives stablecoins more structure and legal support. Imagine paying for things like data crawls, per-task…
Share
BitcoinEthereumNews2025/09/18 01:27
Nasdaq Company Adds 7,500 BTC in Bold Treasury Move

Nasdaq Company Adds 7,500 BTC in Bold Treasury Move

The live-streaming and e-commerce company has struck a deal to acquire 7,500 BTC, instantly becoming one of the largest public […] The post Nasdaq Company Adds 7,500 BTC in Bold Treasury Move appeared first on Coindoo.
Share
Coindoo2025/09/18 02:15