In a move that could only be described as both audacious and absurd, Binance has unfurled a veritable treasure map-a whistleblower reward of up to $5 million-aimed at unmasking those nefarious third-party “listing agents.”
With all the seriousness of a cat chasing its own tail, the exchange cautions crypto projects against falling prey to any charlatan claiming to wield influence over listings. Such individuals, it seems, are nothing more than rogue actors in a grand performance of deception.
Binance Unleashes a $5 Million Bounty in the Battle Against Listing Fraud
This announcement, released amidst the swirling chaos of scrutiny, echoes like a clarion call in the twilight of the crypto world, where trust is as elusive as a shadow at dusk.
Indeed, Binance finds itself under the magnifying glass, scrutinized for alleged insider trading escapades linked to those mysterious leaks of token information-because who doesn’t love a good conspiracy theory?
$year of yellow fruit
0x2fe3731d8b61515aad65757c7cab8042c43a4444
Trades and Price Chart:
“The year of the yellow fruit and harvest! Plant wisely. Harvest abundantly.” Ah, such wisdom! Before this tweet was posted,…– Nineteen (@nineteenthvibe) December 7, 2025
In its missive, Binance replays the old tune: all applications for token listings must traverse strictly through their official channels-think Binance Alpha, Futures, and Spot markets. No room for the intermediaries here!
The exchange drives home the point that they do not endorse external brokers or consultants-unless you count the ones on late-night infomercials promising riches beyond your wildest dreams.
“Any party claiming to represent Binance or offering listing-related services in exchange for payment is engaging in fraudulent behavior,” the company ominously declared, as if reading from a script penned by a courtroom drama.
Blacklist and Internal Audit Revelations
As if plucking ripe fruit from a tree, Binance revealed through an internal audit that several entities had been posing as Binance-connected facilitators while charming project founders into paying fees. What a scandal!
In response, the exchange has blacklisted a motley crew of seven characters, including:
- BitABC
- Central Research
- May/Dannie
- Andrew Lee
- Suki Yang
- Fiona Lee, and
- Kenny Z
These miscreants have been caught red-handed implying relationships with the exchange or touting paid listing services. Binance promises legal action-because nothing says “we mean business” quite like a good old-fashioned lawsuit.
According to the blockchain sleuths at RootData, one of the blacklisted factions, Central Research, had previously backed various crypto projects. Intriguingly, only Fusionist (ACE) still trades on Binance, leaving us to wonder about the fate of the others. A mystery worthy of its own detective novel!
To sweeten the pot, Binance has proclaimed that those brave enough to report verifiable evidence of fraud could snag rewards of up to $5 million-depending on how juicy and impactful the tips are. It’s like a game show, but the stakes are a little higher!
Binance Tightens Its Belt: Listing Rules Amidst the Insider Trading Fiasco
As part of its elaborate update, Binance shared a detailed roadmap showcasing how projects navigate through its listing ecosystem, from humble beginnings on Binance Alpha to glittering futures and eventual spot listings. Quite the journey!
With all the gravity of a cosmic event, Binance reiterated that it does not charge for listing applications and every communication must come straight from the horse’s mouth-aka the core team of the project.
Projects that dare to involve intermediaries will find themselves swiftly disqualified from current and future listing reviews. However, teams that play the whistleblower card may just find themselves enjoying a preferential treatment buffet.
This announcement follows Binance’s earlier confirmation of an employee leaking confidential listing information related to the infamous “year of the yellow fruit” meme coin. Co-CEO Yi He stepped into the spotlight, addressing the matter with all the flair of a seasoned politician.
“Currently, the community is engaging in community behavior unrelated to Binance by issuing coins based on Binance’s official Twitter, my statements, or words excerpted from posts. But we cannot stop posting just because someone might come looking for angles,” she wisely noted, evoking laughter amid the chaos.
In a show of integrity-or perhaps a clever PR move-Binance also revealed that it distributed $100,000 in rewards to five whistleblowers who dared to expose the misconduct. What a generous gesture!
All these maneuvers-the blacklist, the bounty program, and stricter enforcement-signal a broader effort by Binance to reclaim its tarnished reputation in the realm of listings. It’s a time when exchanges are under greater pressure to prove they can play fair in this ever-volatile marketplace.
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2025-12-17 16:03