Crypto Blog
Binance has cleared its personnel from the allegations surrounding Book of Meme , a meme coin built on the Solana blockchain.
The move follows widespread discussions and allegations of possible insider trading associated with the “BOME rat warehouse” incident, prompting Binance to take swift action to address the matter.on X, the exchange emphasized its commitment to maintaining transparency and fairness within the cryptocurrency market and assured users that the integrity of trading activities remains a top priority.
According to the statement, preliminary investigation results suggest that the individual implicated in the allegations has no affiliation with Binance. However, the exchange reiterated its dedication to thoroughly examining the matter to ensure the accuracy of the findings. Binance also expressed gratitude for the community’s vigilance and pledged to continue investigating the issue to uphold market fairness. To encourage reporting of potential misconduct, it also announced rewards ranging from $100,000 to $5 million for reports involving currency listing and other forms of corruption.its decision to list BOME, offering spot trading pairs including BOME/BTC, BOME/USDT, BOME/FDUSD, and BOME/TRY, which took effect on March 16.
Previous listing events on Binance, such as RONIN and BLUR, have demonstrated considerable volatility in token prices post-listing. RONIN witnessed a significant decline, whereas BLUR experienced a surge. These events fueled speculation regarding the potential price action of BOME following its listing on Binance.) is a Solana-based meme coin that aims to unite the ever-evolving meme culture within a digital “Meme book” preserved on the blockchain.
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