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Binance Blacklists Fake Listing Agents, Offers $5M Bounty for Fraud Tips


Binance Blacklists Fake Listing Agents, Offers $5M Bounty for Fraud Tips

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Binance has blacklisted individuals and companies posing as official listing agents, offering up to $5 million in bounties for information to combat this fraud. This action aims to protect crypto projects from scams involving large fees for false token listings.

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Binance has publicly identified and blacklisted several individuals and companies for pretending to be official “listing agents,” offering bounties as high as $5 million for information that helps stop this fraud.

The direct strike against a long-running scam aims to protect crypto projects from paying large fees for false promises of getting tokens listed on the world’s largest exchange.

Read the article at CryptoPotato

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