#Binance has banned hundreds of accounts involved in the #Lista Megadrop event due to fraudulent activities.
The exchange identified and froze accounts suspected of manipulating the #airdrop system by creating multiple accounts and consolidating rewards into single accounts.
Binance's risk control measures detected these actions, leading to the crackdown. The recovered funds will be redistributed to genuine users. Binance emphasized its commitment to maintaining a fair platform and invited wrongly flagged users to appeal.