Binance reports employee misused internal information for personal gain: the individual has been suspended and placed under investigation; the $100,00...

Odaily Odaily reports that Binance issued a statement saying that its internal audit department received a report on December 7, 2025, alleging that an employee used internal information to post content related to a newly issued token on official social media and profited from it. Binance's preliminary investigation confirmed that the employee participated in the token's on-chain issuance at 05:29 UTC and, less than a minute later, used related materials to tweet on the @BinanceFutures account, constituting an abuse of power and a violation of the company's code of conduct.

Binance has immediately suspended the employee and proactively contacted the relevant authorities in the employee's jurisdiction to cooperate with the investigation and pursue legal action. The company emphasized its unwavering commitment to user-centricity and the principles of transparency, fairness, and integrity, and will continue to strengthen internal controls to prevent similar incidents from recurring.

In response to this incident, Binance has completed the verification and deduplication of the reported leads and, as promised, has distributed a total reward of $100,000 to the earliest and most valid whistleblower. The individuals involved will receive official notification via email. Binance reminds the public that the reward only applies to valid reports submitted through the official channel [email protected] and urges the community to continue providing leads through official channels in the future.

Binance stated that it will continue to work with the community to maintain a transparent and healthy ecosystem and provide users with a safer trading environment.