Binance responded to the allegations of insider trading and said: In response to the reports and clues we have received recently, we have initiated an internal audit process and will provide feedback on the results as soon as possible. Former Binance employees who have been found to have engaged in corruption will be included in Binance’s permanent blacklist of listings in any projects or funds they join in the future. After verification, if Binance internal personnel are involved, we will provide you with a reward of US$10 to US$5 million while protecting your personal information.