💥 Binance deleted many accounts that were making unfair profits.
Binance, the world's largest cryptocurrency exchange, has made a strong move against fake accounts and fraud attempts. It froze 297 main accounts that tried to gain unfair profits and abused the system during the Megadrop event. It was determined that these accounts belonged to a single person and that he participated in the event using 9 thousand separate KYC accounts. Binance's risk control systems uncovered 102,000 fake accounts among more than 1 million participants. These accounts infiltrated the system by purchasing the KYC information required to trade on the platform and tried to gain unfair profits.