Binance Co-Founder Takes Action Against Listing Leaks
The co-founder of Binance, Yi He, has addressed concerns about the recent listing of RONIN and the alleged leakage of information. She acknowledges the issue and announces internal adjustments to prevent further leaks. The measures include stricter management and consequences for team members involved in listing processes found leaking information.
Enhanced Internal Management and External Partners
Binance will enhance internal management within the currency listing group and improve external business communication processes. Any leaks related to project currency listing information will result in listing cancellations, extensions, or adjustments.
Improved Technical Monitoring
Binance will strengthen technical monitoring to detect and address potential issues. This includes monitoring trading pairs and announcements to ensure a secure environment for users.
Yi He expresses gratitude for the community’s support and reassures users of ongoing efforts to maintain transparency, security, and integrity in Binance’s operations.
$5 Million Reward Program
Yi He introduces a reward program aimed at encouraging reports of corruption within Binance. Individuals who provide verified reports of corruption involving team members will receive substantial rewards ranging from US$10,000 to US$5 million. The identities of those reporting corruption will be kept confidential.
Action Against Corrupt Employees
To deter post-termination activities, Binance announces that verified corrupt employees who join other projects or funds will lead to the blacklisting of those projects and funds on Binance permanently. Major funds are invited to contact Binance for background checks before extending any offers.
This initiative aligns with Binance’s commitment to maintaining a corruption-free ecosystem.
Hot Take: Binance Takes Steps to Prevent Listing Leaks and Corruption
Binance co-founder Yi He has responded to concerns about information leaks related to the listing of RONIN on the platform. She announces internal adjustments and stricter measures to prevent leaks, as well as enhanced technical monitoring. Additionally, Binance has introduced a reward program for reports of corruption, offering substantial rewards for verified information. The identities of those reporting corruption will be kept confidential. Binance also takes action against corrupt employees by blacklisting projects and funds they join after termination. This initiative demonstrates Binance’s commitment to transparency, security, and integrity in its operations.
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