[Binance Suspends Employee for Unauthorized Token Issuance, Involved Meme Coin Surges 900%] Binance announced at 19:05 today that it has suspended an employee for unauthorized issuance of a Meme coin and promoting it using an official account. The company will cooperate with law enforcement agencies to take legal action. Following the announcement, the involved Meme coin 'Huang Guo Nian' surged over 900%, with its price briefly reaching $0.006 and its market cap surpassing $6 million, before falling back to $5.33 million.