Binance CEO Richard Teng has strongly reaffirmed the company’s unwavering stance against insider trading and market manipulation
During the CEO Connect: April Edition AMA, Teng addressed escalating concerns surrounding unethical practices within the crypto industry. His message was crystal clear: “Insider trading and market manipulation have no place at Binance.”
Zero Tolerance for Insider Trading
Teng drew a clear distinction between insider trading and market manipulation, highlighting the company’s robust internal frameworks designed to prevent any form of insider abuse.
“As the largest player in the crypto space, nothing is more important to us than keeping our users safe and secure,” Teng declared.
At the core of Binance’s preventive measures is a strict compliance protocol applied particularly to its token listing teams. These teams are isolated from direct market interactions, and any breach of integrity is met with immediate and decisive action.
“Any staff found to be involved in insider trading is immediately terminated and reported to the authorities. There are no exceptions,” Teng stated, leaving no room for ambiguity.
“We ensure a fair and transparent market by monitoring on-chain and off-chain activity 24/7. Any suspicious behavior is flagged and reported immediately—down to the second,” he explained.
This continuous surveillance is not just a technical safeguard—it is a vital commitment to protecting the credibility of the blockchain ecosystem. We’ve seen how bad actors can damage public perception in a space that was created to eliminate the need for centralized control.
Decentralization Needs Integrity: Our Perspective
At BST Technology, we fully support Binance’s proactive approach. As both a blockchain company and a media outlet, we believe that strong enforcement mechanisms are not only necessary—they’re fundamental. This type of leadership shows that decentralized systems require integrity at every level, and reinforces why Proof of Work (PoW) remains essential to minimizing manipulation and ensuring trust through distributed consensus.
We stand behind every effort that strengthens transparency and preserves the principles on which this industry was built.
Source: Binance News
