According to Golden Finance, Binance's official Chinese social media account issued a statement regarding a recent discussion about "front-running" (insider trading) within the Chinese community. The discussion was sparked by a screenshot circulating online of a KOL (Vic TALK) community, which allegedly revealed information about Binance's listing plans.

Binance confirmed that the incident was a "false alarm." The information about the listings was based on a "win rate" speculation by a secondary trader and not insider information.

The statement emphasized Binance's serious stance against such issues, stating that any leak or corrupt behavior will be strictly investigated and dealt with. The platform encourages reporting any leads concerning listings or other forms of corruption.

If verified, Binance will offer a reward of $10 million to $500 million to whistleblowers who expose internal personnel involved in such activities, while ensuring the protection of their personal information.