Binance to grant up to $5m for exposing corrupt listing team members
Binance co-founder Yi He has unveiled a new program, promising rewards of $10,000 to $5 million to those who can ‘verify that Binance team members are corrupt .’ In an X thread on Feb. 5, He said Binance is encouraging “all reports involving currency listings and other corruption,” adding that insiders who could “verify that Binance team members are corrupt” will get a “security vulnerability bonus” ranging between $10,000 and $5 million. However, He did not provide details regarding the criteria for determining the reward amount. “It is much easier and more profitable than the rat warehouse.” Yi He You might also like: Binance comments on leak in its security system He’s announcement follows controversy surrounding the price of Ronin (RON) token, which experienced a 30% drop shortly after being listed on Binance, prompting speculation about potential insider information leaks within the exchange. As of p...