Binance releases a market maker guide, warning project parties and users to guard against market manipulation risks

According to Binance's official blog, Binance has released a red flag guide for cryptocurrency market makers, warning users and project parties to be cautious of the following risky behaviors: aggressive sell-offs that conflict with token release plans, one-sided sell orders, cross-platform coordinated sell-offs, high trading volumes that do not match price trends, and abnormal price fluctuations caused by insufficient liquidity.

Binance recommends that project parties conduct strict due diligence when selecting market makers, clarify contract terms, prohibit profit-sharing models, and continuously monitor market maker activities after listing. Binance stated that it will take punitive measures such as blacklisting against non-compliant market makers and will open reporting channels.