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Binance reported that an employee used his old position to make insider trading profits. The person involved has been suspended and will face legal prosecution


2025-03-2513887 Views
according to an official announcement from Binance, an employee was found to have used non-public information obtained through his previous business expansion position at BNB Chain to buy tokens in advance through related wallets before the project's public offering and partially cash out after the announcement, constituting a typical "front-running trading" behavior. The employee has now been suspended, and Binance will cooperate with judicial authorities to hold him accountable according to law. The platform also awarded $100,000 to four users who reported through official channels.




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