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Monday, December 8, 2025

What Happened with Binance's Insider Trading Incident? - OneSafe

In an unexpected twist, Binance Futures is now entangled in an insider trading scandal, raising serious concerns about compliance and trust within the crypto realm. How did this all unfold? Well, it came to light when Binance's internal audit department received a whistleblowing report signaling that employees were leveraging insider information for personal gain through social media postings. Consequently, several employees were suspended and a comprehensive investigation was launched.

What Did the Whistleblower Say?

On December 7, 2025, moments after the launch of a new token, one employee allegedly exploited insider knowledge to share promotional material via Binance's official social media channels. This is the second time in less than a year that Binance has faced insider trading allegations, illuminating persistent worries about operational integrity at the exchange.

How Did the Whistleblowing Mechanism Work?

The whistleblower mechanism has proven to be pivotal in exposing misconduct at Binance. This particular event was instigated by a whistleblower who detected the odd timing of the token launch in relation to social media activity. Binance has a whistleblower platform encouraging community participation in identifying irregularities and potential insider trading cases. The whistleblower in this case was rewarded with a $100,000 bounty, underscoring the importance of transparency and accountability in the crypto sphere.

This system not only aids in uncovering...



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