Binance exposes fake “listing agents”: up to $5 million promised for information
18 December 11:32
Binance, the world’s largest cryptocurrency exchange, has officially published a blacklist of listing agents – intermediaries offering crypto projects paid “assistance” in placing tokens on the exchange. This is stated in the official announcement of Binance, "Komersant Ukrainian" reports
Who is on the Binance blacklist
As of now, Binance’s blacklist includes seven individuals and organizations that, according to the exchange, offered unauthorized token listing services:
- BitABC
- Central Research
- May / Dannie
- Andrew Lee
- Suki Yang
- Fiona Lee
- Kenny Z
Binance emphasized that this list is not final and will be updated regularly.
Binance promised to update the list and recommended that issuers of digital assets ignore any offers from intermediaries that offer paid services and assistance in listing tokens.
The exchange team threatened: any crypto projects that resort to the services of intermediaries will be immediately disqualified and their assets will be blacklisted.
Binance updates its listing rules
The company said that amid the growth of the crypto market, Binance is committed to building a transparent, structured, and secure listing system that
- protects users
- meets regulatory requirements;
- supports only high-quality and long-term projects;
- minimizes the risk of fraud.
The purpose of the update is to give projects a clear understanding of how the Binance listing ecosystem works and to increase user confidence in assets listed on the exchange.
Binance: no intermediaries and no fees
Binance emphasized:
The exchange does not accept applications through third parties and does not charge for listing.
Important rules:
- onlythe founder or a key team member can submit an application;
- mandatory verification (KYC);
- any “agents,” “consultants,” or “representatives of Binance” are fraudsters.
Community warning: fake “listing agents”
Binance has seen a sharp increase in fraudulent schemes where third parties
- pretend to be Binance employees;
- promise a guaranteed listing for money;
- demand a “commission” or “support fee”.
Binance emphasized that any promise of a guaranteed listing is a fraud.
Consequences for projects:
- immediate disqualification;
- blacklisting;
- a ban on future applications.
At the same time, projects that voluntarily report intermediaries may receive priority consideration.
Binance offers rewards of up to $5 million
The exchange has created a special channel for reporting fraud. Binance is ready to pay a reward of up to $5 million for confirmed information.
📩 Reports should be sent to: [email protected]
It is recommended to keep evidence: screenshots, recordings, correspondence.
The main warning for users and projects
- Binance employees never ask for payment for a listing.
- Any request for money is a sign of fraud.
- Verify information only through official Binance channels.
