Binance suspends the personnel suspected of the trade of internal learners in order to make ‘important’ profits.
Binance said that after a complaint started an investigation, he had suspended an employee for the trade that learned from inside.
In a new announcement, the world’s largest crypto exchange platform he says Before a employee is working on a development role in the BNB chain before joining the Binance wallet team, the trade of internal learners.
Binance says,
“He was aware that the project, who is familiar with the projects on the chain, was aware that the project planned a coin -production event (TGE) and that it would create significant community.
Following the announcement, the personnel rapidly sold some of their holdings to obtain significant profits, while the remaining coins made significant unrelated gains. This behavior is a clear violation of the company policy, which is ahead of the public information obtained from the previous role. ”
Binance’s internal audit team revealed the injustice of the employee after conducting an investigation triggered by a complaint on March 23. As a result of the preliminary investigation, the employee may face additional disciplinary penalties that may include legal proceedings.
“We will cooperate proactively with the relevant authorities in the judicial authority of the employee and we will make appropriate legal action in accordance with the valid laws.”
Binance rewards the four people who sent the information that attracts attention.
“We have completed the verification and reproduction process for those who send valid reports through Binance’s Official Information Gliberation Channel (detenim@binance.com). In a commitment, an award of $ 100,000 will be distributed equally.”
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