Crypto exchange Binance has suspended a member of its Binance Wallet team, adding it could take further legal action after launching an internal investigation over allegations of insider trading.
The exchange’s crypto wallet business, Binance Wallet, launched an investigation on March 23 after it “received a complaint alleging that one of our staff members engaged in front-running trades using insider information to gain improper profits,” it said in a March 25 X post.
It claimed a…
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