Binance, a leading global cryptocurrency exchange, has temporarily suspended an employee for allegedly insider trading with non-public information.
Binance initiated an in-house investigation after receiving complaints made to its Internal Audit department on March 23, 2025.
Based on the investigation findings, Binance has suspended the employee with immediate effect and plans to take legal action in accordance with applicable laws.
Binance awarded $100,000 to four whistleblowers who reported the insider trading case through the official whistleblowing platform.