Binance names alleged fake listing agents, offers up to $5M whistleblower reward

Binance has warned users to avoid token listing agents at all costs, offering up to $5 million to whistleblowers reporting listing fraud.

Binance, the world’s largest cryptocurrency exchange by trading volumes, has released a new statement on its token listing process, cracking down on third-party involvement.

In a Wednesday announcement, Binance outlined the official pathways and requirements for token listings on its platform, emphasizing that projects should never engage with any third-party entities and apply for listings directly with the exchange.

The exchange has also identified several individuals and entities falsely claiming to be “Binance listing agents” offering to list on Binance in exchange for payment, including fraudulent players such as BitABC and Central Research.

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