Binance offers 5 million USD reward for evidence of listing fraud

Binance is offering a 5 million USD reward for evidence of fraud related to listing agents as a measure to enhance the integrity of its listings. He Yi emphasized this incentive aims to protect honest projects while combatting prevalent fraud issues.

The market remains cautious following the 28% drop in the Ronin token value over allegations of fraud. Binance’s initiative seeks to restore trust and stabilize market conditions by scrutinizing listing practices closely.

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