Odaily Planet Daily News In response to the report of the Wall Street Journal, the cryptocurrency exchange Binance responded on the X platform that the company has a strict market monitoring program and does not tolerate any market abuse. In the past three years, Binance has cleared nearly 355,000 users, whose total trading volume exceeded 2.5 trillion US dollars, for violating the platform's terms of use. Binance said that the competition among market makers is very fierce, and the responsibility of its investigation team is to remain neutral, review all evidence impartially, and avoid being biased by allegations from market makers against competitors. Binance prioritizes security and will not favor any individual, no matter how big it is. Binance will use a variety of tools to conduct in-depth investigations and will only clear users if there is sufficient evidence to prove that they have violated their terms of use. Inca Digital recently conducted an independent investigation into Binance's market monitoring practices, verifying the effectiveness of its methods and finding the smallest traces of abnormal trading activities.
