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123d 5h ago
Binance Cancels Alpha Point for Tokens Suspected of Price Manipulation and Malicious Wash Trading
COINOTAG News, October 10th — Binance announced that, to safeguard user rights, any token identified in suspected price manipulation or malicious wash trading activities will have its associated Alpha Point immediately canceled without further notice, reinforcing the platform’s focus on market integrity.
The exchange stated it reserves the right to implement additional remedial actions as required; such measures may include compliance interventions and listing adjustments aimed at mitigating systemic risk and protecting investors, reflecting a clear enforcement policy against abusive trading practices.
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