Binance dey offer up to $5M for tips on fake listing agents, don publish blacklist

Binance don launch whistleblower program wey dey offer up to $5 million for verified tips wey go identify people or companies wey dey pretend na dem be the exchange and dey charge money to secure token listings. The exchange publish part internal blacklist wey name entities and people wey dem find dey solicit paid listings, including BitABC, Central Research, May/Dannie, Andrew Lee, Suki Yang, Fiona Lee and Kenny Z. Binance don also formalize stricter listing framework, talk say e no authorize any third party to broker or charge for listings, and say dem go pursue legal action against impostors. Founder Changpeng Zhao still talk for X say anybody wey claim say dem fit guarantee Binance listing na scammer. The announcement aim to protect token projects and users, reduce listing-related fraud and improve transparency for the listing process. Traders suppose note say increased enforcement fit reduce scams around new token announcements and lower the risk of rug-pulls wey dey linked to fake listing promises. The move come as reports dey that Binance fit dey plan to return to the U.S. market and possible changes to CZ’s ownership stake.