PANews|Dec 08, 2025 11:22
[Binance: Employee Found Profiting from Insider Information, Suspended and Legal Action to Follow]
According to a Binance Futures announcement, the platform received a report on December 7, 2025, regarding an employee using insider information to profit by posting content on official social media for personal gain. The employee was allegedly linked to a token launched at 05:29 UTC and promoted it through the official account within one minute. Binance has suspended the employee and initiated legal proceedings, awarding $20,000 each to five users who reported the incident via the official email.
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