Binance suspends employee over using inside information for personal gain
Binance suspended an employee and alerted authorities after an internal probe found the staffer allegedly used insider information to publish a post from an official account.
Binance said on Monday it had launched an internal investigation Sunday into an employee it suspected of abusing access to inside information by posting from an official Binance Futures social media account for personal gain.
The exchange said in an X post that its audit team received a report alleging the employee used non‑public information to craft a post on the official Binance Futures X account “less than a minute” after the token was issued onchain.
The employee in question was immediately suspended, and Binance said it has contacted authorities in the jurisdiction where the employee is based to pursue potential legal action.
