tldr; A Binance employee was suspended after using the official @BinanceFutures account to promote a newly created token in a ‚pump and dump‘ scheme. The employee issued the token and posted a cryptic tweet matching its metadata, exploiting Binance’s social media reach. Binance confirmed the incident as an abuse of position, not a hack, and has involved law enforcement. The exchange activated whistleblower protocols and offered a $100,000 bounty to users who reported the misconduct.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
DryMyBottom on
>A Binance employee was suspended
good, now throw them in jail and lose the keys!
117Reclaimer on
Sorry buddy, only CZ can pull this off and get away with it
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tldr; A Binance employee was suspended after using the official @BinanceFutures account to promote a newly created token in a ‚pump and dump‘ scheme. The employee issued the token and posted a cryptic tweet matching its metadata, exploiting Binance’s social media reach. Binance confirmed the incident as an abuse of position, not a hack, and has involved law enforcement. The exchange activated whistleblower protocols and offered a $100,000 bounty to users who reported the misconduct.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
>A Binance employee was suspended
good, now throw them in jail and lose the keys!
Sorry buddy, only CZ can pull this off and get away with it