"Binance allegedly fired an employee who exposed market manipulation! 😲 DWF Labs, a Binance customer and crypto investment firm, is accused of market manipulation. Binance denies these allegations and states that the reason for the employee's firing was that the allegations were "not fully proven." 🕵️ ♂️
Binance's market surveillance team submitted a report alleging that DWF manipulated the prices of several tokens following $300 million in wash transactions in 2023. However, Binance stated that there was insufficient evidence of market abuse. A week after the report was submitted, the team leader was fired. 😱
DWF Labs has emerged as a heavy investor in crypto projects in 2023, trading over $4 billion monthly. Unlike the traditional venture capital model, founders often purchase a project's tokens at a discount and benefit from the rise in price. 🚀
What do you think about Binance or DWF? We are waiting your comments!#Binance#DWF #CryptoWorld"