Binance confirms that an employee used insider information to post content on social media for personal gain

Binance officially announced that an employee used insider 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, related tweets were posted through the official @BinanceFutures account. Binance has immediately suspended the employee involved 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.