Binance clears out internal "rat warehouse", CZ makes a strong statement: Cooperate with international law enforcement, this kind of people can't escape

👤 transfer999@Justin 📅 2026-04-04 16:52:31

Binance employees used their official accounts to sell air coins. Binance quickly punished them and offered a reward of US$100,000. Changpeng Zhao warned that "those who do this will have nowhere to escape."
(Preliminary summary: Binance confirmed that employees were involved in insider trading! The parties involved have been suspended and pursued legal responsibility, and the whistleblower shared the US$100,000 bonus equally)
(Background supplement: After He Yi became the co-CEO of Binance, he responded to 34 highly concentrated questions)

"Year of Yellow Fruit" surged from obscurity to a market value of millions of dollars in 60 seconds, and then plummeted. The traces on the chain were revealed, and the ignition of this FOMO was actually an internal employee of Binance who posted a message through the official X account Binance Futures to build momentum.

After the incident was exposed, retired founder Changpeng Zhao (CZ) made a rare statement on December 9, "Binance cooperates with law enforcement agencies in many countries, and those involved have nowhere to escape."

Do the right thing. Though I don’t run Binance anymore, if you report employee misconduct via DM or comment, I'll channel it appropriately.

Having said that, the last whistleblower I talked to offered zero evidence, then asked me to list his coin. Don’t be that guy. 🙏 https://t.co/d8RzR5e7lb

— CZ 🔶 BNB (@cz_binance) December 8, 2025

There is something wrong with posting pictures within 60 seconds

According to the records on the chain, the token deployment was completed at 13:29; one minute later At 13:30, Binance’s official tweet was the first to publish the same meme image of the token. Such a zero-day difference can only be interpreted as a "premeditated insider." Within a few minutes, the market value of the token was pushed up to US$6 million by the missed panic funds, and insiders immediately dumped the tokens. The scene was like a textbook of "pumping and dumping".

$100,000 bounty and light-speed cutting

The market community began to suspect, and Binance immediately launched a "cutting operation." After the official confirmed the violation, a bonus of US$100,000 was awarded without lengthy investigation, which was evenly distributed among the five on-chain whistleblowers who submitted evidence to [email protected] as soon as possible.

CZ later stated on the

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transfer999@Justin

Blockchain and cryptoassets editor, focusing onmarketDomain content analysis and insights

Comment (10)

Austin 87days ago
Quản trị cộng đồng kém hiệu quả và thường đi vào bế tắc.
Wayne 87days ago
Giá trị thực sự của blockchain cuối cùng đã được làm rõ.
Matthew 88days ago
Người mới, cây Merkel là gì?
Eileen 90days ago
Bối cảnh về sự kết hợp giữa Metaverse và blockchain vẫn còn rất mơ hồ.
Vega 90days ago
Đồng ý, công nghệ và giám sát sẽ cạnh tranh lâu dài.
người Norman 95days ago
Ngành công nghiệp này vẫn đang ở giai đoạn đầu.
Lennon 100days ago
Nhận thức được rằng công nghệ và sự tuân thủ đều quan trọng như nhau.
Cordelia 107days ago
Xác thực chuỗi khối + danh tính là một tình huống cần thiết.
Irene 113days ago
Blockchain + nền kinh tế thực là hướng đi trong tương lai.
Daphne 114days ago
Đồng ý, chi phí của niềm tin đang giảm.

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