Binance Initiates Investigation Into Employee Accused Of Insider Trading
Binance (BNB), the world’s largest cryptocurrency exchange, has initiated an investigation following allegations of insider trading involving one of its employees. Binance Uncovers Alleged Misuse Of Insider Information On December 7, Binance’s internal audit team received a report claiming that an employee had exploited insider information to make posts on official social media, thereby gaining […]
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U.S. officials are reportedly investigating crypto exchange Binance yet again. On Friday, Bloomberg reported that they are examining possible insider trading and market manipulation at Binance. This development potentially adds more heat to the cryptocurrency exchange already facing regulatory scrutiny in many countries. CFTC’s Insider Trading Investigations U.S. officials have been looking into whether Binance or […]
Binance’s troubles with regulators grow as U.S. authorities are now reportedly investigating the exchange for possible insider trading and market manipulation. The investigation involves the Commodity Futures Trading Commission (CFTC). The Justice Department (DOJ) and the Internal Revenue Service (IRS) have also been investigating Binance on a separate issue. Binance Probed for Possible Insider Trading, Market Manipulation U.S. authorities are now investigating Binance for possible insider trading and Market manipulation to ascertain whether the company or its staff profited by....
A whistleblower at Binance has revealed details of insider trading and front-running by an internal team member. We look at how the news could impact presales like the Best Wallet Token. Action Taken Against the Employee On further investigation by the Binance internal audit team, it was revealed the employee used information from his previous role at BNB Chain to benefit from a token generation event. Although the employee was working with the Binance wallet team, he had information about on-chain projects and the upcoming TGE event. Before the official token launch, the employee....
The former Coinbase employee and his brother have been arrested for insider trading at least 25 cryptocurrencies, but another defendant is still at large.
The first case of NFT insider trading has come to a close as a US Judge has sentenced a former OpenSea employee to prison. OpenSea Head Of Products Arrested For Fraud Nathaniel Chastain, former Head of Products of OpenSea, the world’s largest non-fungible token (NFT) marketplace, has been condemned to three months in prison. The […]