#write2earn….
Binance has cleared its personnel from allegations of insider trading surrounding the Book of Meme (BOME), a meme coin built on the Solana blockchain. The exchange released an official statement emphasizing its commitment to maintaining transparency and fairness within the cryptocurrency market, assuring users that trading integrity remains a top priority.
Preliminary investigation results suggest that the individual implicated in the allegations has no affiliation with Binance. The exchange reiterated its dedication to thoroughly examining the matter to ensure the accuracy of the findings and expressed gratitude for the community's vigilance.
BOME experienced a 345% surge in value on March 16, following Binance's decision to list the meme coin. Trading volume also increased, soaring by 262% to $3.8 billion. The term "rat warehouse" concerning Binance stems from discussions and controversies surrounding potential insider trading or information leaks within the platform, particularly concerning the listing of new tokens.
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
