Binance Goes All Sherlock: $5M Bounty on Faux Listing Agents! 🕵️‍♂️💰

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So, here’s the scoop: Binance has gone full-on detective mode and has blacklisted a bunch of wannabe “listing agents” who thought they could pull off the ultimate con by pretending to be part of the official crew. I mean, really? Who did they think they were fooling? 💁‍♀️

To make things even juicier, they’re offering a whopping $5 million for tips that help shut down these fraudsters. That’s right, folks! If you’ve got the goods on any shady characters, you might just be rolling in crypto cash! 💵

Warning: Scammers Beware!

In a dramatic announcement from Binance co-CEO Yi He (who probably deserves a medal for bravery in the face of scammy nonsense), they warned all crypto projects to steer clear of anyone claiming they can guarantee listings for a price. Spoiler alert: that’s a big, fat lie! 🚫

Yi also mentioned that they’re on the hunt for evidence of this fake listing malarkey-think of them as Internet detectives, but with better hair. Anyone with a hot tip could cash in on that sweet $5 million bounty. Talk about incentive! 🎉

And here’s the kicker: Binance doesn’t deal with third-party agents. Nope! They insist that all applications must come straight from the project leaders via their official portal. If you try to use an outside agent? Well, good luck getting your project listed ever again. 😬

They even released a blacklist of the culprits, including names like BitABC and some individuals with names you might want to remember for trivia night: May (aka Dannie), Andrew Lee, Suki Yang, Fiona Lee, and Kenny Z. There’s a reason these folks are on the naughty list! 🎭

Blockchain reporter Colin Wu chimed in, sharing that Central Research invested in several projects, but only one, Fusionist’s ACE token, managed to snag a listing. So, let’s just say that was a pretty rough ROI. 📉

Crypto enthusiasts on X (formerly Twitter, because rebranding is all the rage) were loving this crackdown. One user dubbed it “the darkest moment for wild listing intermediaries.” Ouch! But, hey, at least there are now clear rules instead of relying on gossip or whispers in dark alleys! 🌐

Oh, and if you happen to have any evidence of these shenanigans-screenshots, recordings, whatever-Binance wants them! They might even take legal action against those confirmed to be involved in this whole debacle. You’ve gotta love a company that means business! ⚖️

Expansion Plans and Keeping It Real

This move comes at a time when Binance is trying to build trust and expand into new markets. They recently turned their attention to Indonesia, adding 31 new trading pairs tied to the Indonesian rupiah. Because why not? It’s crypto, baby! 🌏

But don’t think they’re just sitting back and relaxing. Binance is also facing scrutiny over their security protocols after a recent hack. They only froze part of the assets requested by South Korean authorities, which raised more than a few eyebrows. Let’s hope they get it together soon! 🤞

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2025-12-20 21:42