Binance CEO Richard Teng: “Insider Trading and Market Manipulation Have No Place at Binance”

Amid rising concerns over market manipulation and insider trading in the crypto industry, Binance CEO Richard Teng took a firm stance during the CEO Connect: April Edition AMA, outlining the company’s zero-tolerance policy and comprehensive strategy for keeping the platform fair and transparent.“It’s important to distinguish between insider trading and market manipulation,” Teng said. “As the largest player in the crypto space, nothing is more important to us than keeping our users safe and secure.”Zero Tolerance for Insider TradingTeng emphasized that Binance’s internal processes are built to prevent insider abuses from the ground up. The token listing team, in particular, is subject to strict compliance protocols and rigorous regulatory checks.“We minimize direct contact between listing teams and the open market. Any staff found to be involved in insider trading is immediately terminated and reported to the authorities. There are no exceptions.”This hardline approach reinforces Binance’s commitment to maintaining the highest standards of compliance and integrity.24/7 Market Surveillance for Manipulative ActivityOn the issue of market manipulation—including practices like spoofing and intentional price distortion—Teng said Binance employs round-the-clock surveillance tools across its ecosystem.“We ensure a fair and transparent market by monitoring on-chain and off-chain activity 24/7. Any suspicious behavior is flagged and reported immediately—down to the second.”This level of oversight is crucial to preserving user trust and ensuring the long-term sustainability of the digital asset ecosystem.