Recently reported by the community or traders on the Binance exchange that there was a Binance employee involved in insider trading,
After the Binance team conducted an investigation, it was discovered that the employee served as a manager in the development of the BNB chain business. Although the Binance employee did not have access to important information, he was still an insider and was considered an illegal act. He made a large purchase of Token Generation Event (TGE) and used several different addresses before the official announcement of the launch of the TGE token.
The Binance exchange, which has often been criticized for not complying with public regulations, insider trading will further worsen Binance's image among its users and the government.
After the Binance team conducted an investigation, it was discovered that the employee served as a manager in the development of the BNB chain business. Although the Binance employee did not have access to important information, he was still an insider and was considered an illegal act. He made a large purchase of Token Generation Event (TGE) and used several different addresses before the official announcement of the launch of the TGE token.
The Binance exchange, which has often been criticized for not complying with public regulations, insider trading will further worsen Binance's image among its users and the government.