Binance has terminated an employee for insider trading after discovering they used confidential information for personal gain. The incident involved a post from the official Binance Futures account on X (formerly Twitter) on December 7th. The employee, aware of the post's content in advance, launched a token with a matching name and design just seconds before the announcement was published.

Binance labeled this a severe abuse of the employee's position and a violation of the exchange's professional conduct code. The individual was immediately dismissed and is facing further disciplinary measures. The exchange stated it is cooperating with relevant authorities in the employee's jurisdiction and will pursue legal action.

The scheme was uncovered following user complaints. Binance's team welcomed the community's vigilance and has distributed $100,000 among the first five informants who reported the issue.

Evidence suggests the token in question was "year of yellow fruit." Its launch coincided with a since-deleted post from Binance Futures containing the text: "The year of the yellow fruit and harvest! Plant wisely. Harvest abundantly." The token's price surged over 6000% following the post before crashing dramatically. Binance's own investigation announcement coincided with another sharp, brief price pump for the token.

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                                                    <span>The exchange learned about the incident from user complaints and distributed $100 thousand among the first informants</span>
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    <p>The Binance exchange announced the suspension of an employee who used insider information for personal gain. Knowing the content of an upcoming post from the official Binance Futures account on social network X on December 7, he launched a token with a matching name and design just seconds before the post went live.</p>

<p>Binance called this an abuse of official position and a violation of the exchange's professional conduct code. The employee was "immediately suspended from work and is awaiting further disciplinary measures," Binance stated.</p>

<p>"We have already made contact and will actively cooperate with the relevant authorities in the employee's jurisdiction and take corresponding legal actions in accordance with applicable legislation," the exchange's message says.</p>
    
    
        
    
        
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<p>The incident with the token was discovered after user complaints. The Binance team wrote that it welcomes continued monitoring from the community and paid $100 thousand to the first five informants on this matter.</p>

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<p>Judging by the surviving screenshots, it might be about the token 'year of yellow fruit'. Its design coincided with the text from the now-deleted publication "The year of the yellow fruit and harvest! Plant wisely. Harvest abundantly".</p>

            
                        
                                        
            
                                        
            
                        
        
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                                js-thumb-slider-wrapper"><div class="thg__items-wrapper"><div class="thg__items swiper js-thumb-slider" data-slides-json="fromDOM"><div class="thg__items-list swiper-wrapper"><div class="thg__item swiper-slide swiper-slide-active"><picture class="thg__item__picture  smart-image"><source srcset="https://s0.rbk.ru/v6_top_pics/resized/800xH/media/img/9/73/347652005258739.webp 800w" type="image/webp" media="(max-width: 400px) and (-webkit-min-device-pixel-ratio: 2), (max-width: 400px) and (min-resolution: 192dpi)"></source><source srcset="https://s0.rbk.ru/v6_top_pics/resized/800xH/media/img/9/73/347652005258739.jpeg 800w" media="(max-width: 400px) and (-webkit-min-device-pixel-ratio: 2), (max-width: 400px) and (min-resolution: 192dpi)"></source><source srcset="https://s0.rbk.ru/v6_top_pics/resized/400xH/media/img/9/73/347652005258739.webp 400w" type="image/webp" media="(max-width: 400px)"></source><source srcset="https://s0.rbk.ru/v6_top_pics/resized/400xH/media/img/9/73/347652005258739.jpeg 400w" media="(max-width: 400px)"></source><source srcset="https://s0.rbk.ru/v6_top_pics/resized/1200xH/media/img/9/73/347652005258739.webp 1200w" type="image/webp" media="(-webkit-min-device-pixel-ratio: 2), (min-resolution: 192dpi)"></source><source srcset="https://s0.rbk.ru/v6_top_pics/resized/1200xH/media/img/9/73/347652005258739.jpeg 1200w" media="(-webkit-min-device-pixel-ratio: 2), (min-resolution: 192dpi)"></source><source srcset="https://s0.rbk.ru/v6_top_pics/resized/900xH/media/img/9/73/347652005258739.webp 900w" type="image/webp" media="(-webkit-min-device-pixel-ratio: 1.5), (min-resolution: 192dpi)"></source><source srcset="https://s0.rbk.ru/v6_top_pics/resized/900xH/media/img/9/73/347652005258739.jpeg 900w" media="(-webkit-min-device-pixel-ratio: 1.5), (min-resolution: 192dpi)"></source><source srcset="https://s0.rbk.ru/v6_top_pics/resized/768xH/media/img/9/73/347652005258739.webp 768w" type="image/webp" media="(-webkit-min-device-pixel-ratio: 1.25), (min-resolution: 192dpi)"></source><source srcset="https://s0.rbk.ru/v6_top_pics/resized/768xH/media/img/9/73/347652005258739.jpeg 768w" media="(-webkit-min-device-pixel-ratio: 1.25), (min-resolution: 192dpi)"></source><source srcset="https://s0.rbk.ru/v6_top_pics/resized/590xH/media/img/9/73/347652005258739.webp 590w" type="image/webp"></source><source srcset="https://s0.rbk.ru/v6_top_pics/resized/590xH/media/img/9/73/347652005258739.jpeg 590w"></source><source srcset="https://s0.rbk.ru/v6_top_pics/media/img/9/73/347652005258739.webp" type="image/webp"></source><div><img style="max-width:100%;overflow:hidden;" src="https://d1x7dwosqaosdj.cloudfront.net/images/2025-12/ba89cc0ebbe9440bb9d5bf73f14224fe.jpeg" alt=""></div></picture></div></div><div class="thg__btns"><div class="thg__btn js-thumb-slider-fullscreen"><span class="thg__icon thg__icon--fullscreen"></span></div></div></div></div><div class="thg__appendix swiper js-thumb-slider-appendix" data-slider-appendix="true"><div class="thg__appendix-list swiper-wrapper"><div class="thg__appendix-item swiper-slide swiper-slide-active"><div class="thg__appendix-item-inner"><div class="thg__appendix-item-scroll"><div class="thg__description" data-slide-description="true">Price chart of the 'year of yellow fruit' token. Source: DEXscreener</div></div></div></div></div></div></div>
    

<p>The token's price soared more than 6000% after the post appeared, then collapsed. Notably, the publication about Binance's investigation coincided with an even stronger "pump" of the token.</p>

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Binance Suspends Employee for Insider Trading. What Happened

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Two deceased individuals were discovered inside two separate parked vehicles in New York City within hours of each other, according to police. The first body was found in the Bronx, and the second was located in Brooklyn. Authorities are investigating the incidents but have not released details regarding the identities of the causes of death.

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