Binance has confirmed that an employee used internal information to post content on social media for personal gain.

Mars Finance reports that Binance has officially confirmed that an employee misused internal information to post content on social media for personal gain. The investigation revealed that the employee issued tokens on-chain at 05:29 UTC on December 7th, and less than a minute later posted a related tweet through the official @BinanceFutures account. Binance has immediately suspended the employee involved and will cooperate with relevant judicial authorities in taking legal action. Simultaneously, Binance announced that it will split a $100,000 reward with five whistleblowers who provided valid leads through official reporting channels.