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Binance Reportedly Fired Investigator Who Discovered Market Manipulation at Client Company

  • Binance reportedly fired an investigator who exposed market manipulation by a client company, DWF Labs.
  • The investigator discovered that Binance's VIP clients, including DWF Labs, were engaged in wash trading and pump and dump schemes.
  • DWF Labs allegedly manipulated the price of the Yield Guild Game (YGG) token and processed $300 million in wash trades.
  • Binance denies the report and claims to have a strict market surveillance program to prevent market abuse.

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