UPDATED: March 18, 2024, 5:09AM EDT
Binance stated as we speak {that a} “giant BOME transaction” is unrelated to Binance workers, following concerns about potential insider buying and selling related to the newly listed memecoin, Ebook of Meme.
“Upon receiving details about the big BOME transaction, we instantly initiated an inner investigation, and the outcomes confirmed that the person is just not a member of Binance workers,” Binance stated in an X post.
The world’s largest crypto alternate added that it’s providing a reward of $100,000 to $5 million to customers who report related fraudulent habits.
Binance’s assertion comes after on-chain knowledge agency Lookonchain wrote on X on Friday {that a} pockets withdrew 12,721 SOL
+10.34%
price round $2.3 million from Binance and acquired 314 million BOME at $0.0074, citing data from Solscan. “Does He know one thing we do not?” Lookonchain added.
On Saturday, Binance listed BOME buying and selling pairs — BOME/BTC, BOME/USDT, BOME/FDUSD and BOME/TRY — and the BOME value has since surged over 1500% on the alternate.
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