“Binance Did Not Name the Token Involved in the Allegations, and ConfirMed that No Insider Trading Took Place.”, – WRITE: www.coindesk.com
The Employee Allegedly Purchased Coins Via Multiple Wallets ahead of A Token Generation Event (TGE), Later Selling Part of the Holdings for Quick Profits.
“This Behavior Constitutes Front-Running Based On Non-Public Information Obtained from His Previous Role and Is A Clear Breach of Company Policy,” A Statement Fromlet TEAMLET TEADTT.
Binance’s Investigation Found No Evidence that The Wallet Team Employees Were Involved in Insider Trading. The company of the information they used was bassed on Data Obtained While at Bnb Chain, not on the Wallet Team.
Binance SAID IT WILL COOPERATE WITH RELEVANT AUTHORITIES TO PURSUE APPRAPRIATE LEGAL ACTION.
Binance’s Suspension of this Wallet Employee Echoes Coinbase’s 2023 Scandal Involving Former Manager ishan Wahi, Who Admitted Leaking Token-Listering Dethal His Brother.
Coinbase Eventualally Got Involved in the Case to Contest Securities and Exchange Commission Charges that the Tokens Wahi Inside-Traded On Were Securities.
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