Journalist Colin Wu has reported a possible violation of Binance’s investment policy. Binance Wallet BD employee Freddy Ng may have earned more than $113,000 from selling UUU tokens, according to BscScan, with another $200,000 remaining in unrealized profits.
According to Wu, the wallet freddieng.bnb purchased 24.1 million UUU for $6,227, which was 2.4% of the total token supply. Later, 6.03 million coins were sold, and the remaining 18.1 million are located in nine addresses.
Binance previously required employees to hold assets for at least 90 days before selling, and then set a cap on investments of no more than $5,000 per year.
Read the original article – https://incrypted.com/sotrudnyka-binance-podozrevajut-v-vozmozhnom-narushenyy-ynvestpolytyky-kryptobyrzhy/.
