Binance Suspends Staff Over Insider Trading

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Binance has suspended an employee after reports of insider trading surfaced involving a recent token launch. A whistleblower revealed that the on-chain token details appeared just a minute before Binance’s official post. The exchange confirmed giving out a $100,000 bounty to five verified reporters and reaffirmed its zero-tolerance policy against internal misconduct. Binance said it remains focused on transparency and ensuring fair trading practices to maintain trust within its global user community.