<ul><li>Binance permanently bans market maker involved in misconduct with GPS and SHELL tokens, confiscates illicit profits, and compensates affected users.</li><li>Binance tightens market regulations, warns against manipulation, and introduces community oversight in token listings.</li><li>Trouble arose when Binance noticed suspicious trading with GPS tokens, resulting in a rapid sell-off and heavy losses for early traders.</li><li>Binance announces an overhaul of token listing process and reinforces strict enforcement of trading policies to uphold market integrity.</li></ul>

Binance Bans Market Maker Over GPS and SHELL Misconduct, Seizes Funds for User Compensation

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