Binance: It has been confirmed that employees used internal information for personal gain, and they have been suspended and will be held legally accountable

Binance officially announced that an employee used internal information to post content on social media for personal gain.

The investigation revealed that the employee issued tokens on-chain at 05:29 UTC on December 7, and less than a minute later, posted related tweets through the @BinanceFutures official account. Binance has immediately suspended the involved employee and will cooperate with relevant judicial authorities to take legal action.

At the same time, Binance announced that it will distribute a reward of $100,000 among five whistleblowers who provide valid clues through official reporting channels.