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Flash News List

List of Flash News about exchange enforcement

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12:12
Binance resolves insider front-running case in 24 hours: employee suspended, legal action planned, $100K whistleblower reward

According to @ai_9684xtpa, Binance issued an announcement on the “Huang Guo Zhi Nian” insider front-running case within about 24 hours, suspending the involved employee, planning to pursue legal liability, and allocating a $100,000 bounty to be split among five whistleblowers who used official reporting channels; source: @ai_9684xtpa. @ai_9684xtpa adds that this “high efficiency + strong penalties” approach is intended to deter similar misconduct on the exchange, a factor traders track when evaluating venue risk and order book integrity; source: @ai_9684xtpa. The speed of action is linked by the source to leadership changes noting @heyibinance as co-CEO; source: @ai_9684xtpa.

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