Binance Puts $5 Million Bounty on Fake Listing Agents as Scrutiny Intensifies

Binance has launched a whistleblower reward of up to $5 million as part of a sweeping crackdown on fraudulent third-party “listing agents. ” The exchange warns crypto projects that any individual claiming to influence listings on the exchange is operating illegally. Binance Offers $5 Million Whistleblower Reward as It Cracks Down on Fake Listing Agents The announcement, published Wednesday in a transparency update, comes at a sensitive moment for the world’s largest cryptocurrency exchange. Binance faces heightened scrutiny over its listing practices following alleged insider trading incidents linked to leaked token information source: https://beincrypto.com/binance-bounty-fake-listing-insider-trading/