Binance confirms employee involved in insider trading! The individual has been suspended and held legally accountable, while whistleblowers will share a $100,000 reward.

The world’s largest cryptocurrency exchange, Binance, issued an urgent official announcement this evening (8th), confirming that an employee is suspected of using insider information to post specific content on the official X account “@BinanceFutures,” thereby obtaining improper benefits in a very short period of time, which is a serious violation of company regulations.

(Previous context: Binance becomes the first global licensed exchange under Abu Dhabi ADGM regulatory framework, setting a new standard for digital asset regulation) (Background: After He Yi became Binance’s co-CEO, she answered 34 highly condensed questions)

The world’s largest cryptocurrency exchange, Binance, issued an urgent official announcement this evening (8th), confirming that an employee is suspected of using insider information to post specific content on the official X account “@BinanceFutures,” thereby obtaining improper benefits in a very short period of time, which is a serious violation of company regulations.

Announcement of investigation results regarding employee misconduct Dear Binance users and community members:… — Binance Futures (@BinanceFutures) December 8, 2025

Binance investigation results According to the Binance announcement, the incident occurred yesterday (December 7) at 1:29 PM (UTC+8), when a new token was issued on BSC. Only 59 seconds later, at 1:30 PM, the @BinanceFutures account published a tweet containing the same copy and image. This caused the token’s price to fluctuate sharply in a short time, and the market immediately questioned whether someone had used insider information for “pre-trading.”

Binance stated that after receiving multiple reports from its internal audit department that day, it immediately launched an investigation and announced the phased results today, confirming that it was indeed an employee personally exploiting their position for personal gain.

Regarding this matter, Binance stated it takes a “zero tolerance” stance and has taken the following tough measures:

• The employee involved was immediately suspended and will be subject to internal disciplinary action
• Proactively contacted law enforcement authorities in the employee’s jurisdiction to pursue criminal responsibility according to the law
• Delivered on its previous bounty commitment, distributing a $100,000 reward equally among the first five users who reported the incident via the official email
• Emphasized that it will further strengthen internal review processes in the future to prevent similar incidents

Incident background Community discussions indicate that this insider trading incident directly points to the meme coin “Yellow Fruit Year,” which was just issued yesterday on BNB Chain. Less than a minute after the token was launched, it was “named” by the @BinanceFutures official account. Many traders believe this is a typical example of “official tweet frontrunning,” making “Yellow Fruit Year” an instant hot topic in the community.

Binance has already started investigating the #YellowFruitYear token issuance incident. The narrative of Yellow Fruit Year is that the project tries to visualize the meaning of a bountiful harvest as a big tree full of Bitcoin, Ethereum, and BNB, symbolizing wealth growth and seasonal abundance. However, such a perfect narrative is in reality a clumsy collaboration between official editors for price manipulation and cooperative arbitrage… pic.twitter.com/zOCMo89yAQ — Insomnia Aggregation Group ( Paid Group Message Forwarding AI Summary | Laser Cat | 0xsun | Hmm | AD and 70 other groups) (@0xsunZero) December 8, 2025

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〈Binance confirms employee involved in insider trading! The person has been suspended and held legally responsible, whistleblowers share a $100,000 reward〉This article was first published on BlockTempo, the most influential blockchain news media.