The world’s largest cryptocurrency exchange, Binance, has completed its investigation into allegations that a user made profit by “insider trading” on the altcoin it listed last week.
WuBlockchain, founded by Chinese crypto journalist Colin Wu, Osmosis (OSMO) knowing in advance of the listing decision, and one day before listing with this information taking a large amount of OSMO “inside trading” that he does claims launched by Binance on investigation is over.
Binance, data is misinterpreted. while specifying any concluded that he did not misuse information. explained.
Binance, which bases its claims on the user’s transaction records, He stated that he misinterpreted. User’s startup USD Coin (USDC) after taking it to OSMO transitioned and before the listing news is published balance To Cosmos Hub (ATOM) announced the conversion.
In the user’s account there is still some OSMO but to OSMO investments in November 2021 This attitude of the beginning user natural was also among the statements.
Still, the cryptocurrency exchange is against users’ suspicious transactions. from your clear stance if they are satisfied and suspicious transactions are reported. will be investigated with the same seriousness. reported to its users.