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Binance Suspends Employee for Using Insider BNB Chain Data to Trade Unfairly

  • Binance suspended an employee for insider trading using confidential BNB Chain data.
  • The exchange is working with authorities to take legal steps and strengthen internal controls.
  • The incident is allegedly linked to Freddie Ng, who reportedly made $82,400 from insider trading.
  • Binance is committed to fair trading, updating policies, and encouraging whistleblowers.

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