Binance Wallet bans over 600 accounts for misuse of Binance Alpha

Photo: Kanchanara

Binance Wallet bans over 600 accounts for misuse of Binance Alpha

Platform integrity measures intensify as Binance takes action against abuse of token distribution airdrops to maintain user trust.

by Vivian Nguyen | Powered by Gloria

Binance Wallet banned over 600 accounts last week for misusing its Binance Alpha program, according to a new announcement.

The action targets accounts that violated the platform’s terms while participating in Binance Alpha, the exchange’s engagement program designed to distribute tokens from new projects to eligible users through the exchange’s wallet service.

Binance has emphasized platform integrity measures in recent months, issuing apologies for past communication issues related to its listing processes and reinforcing commitments to transparency in programs like Alpha Airdrops.

The exchange has launched initiatives aimed at rebuilding user confidence through collaborative recovery plans and actions against fraudulent platform activities, particularly during periods of market volatility.

Binance Wallet bans over 600 accounts for misuse of Binance Alpha

Binance Wallet bans over 600 accounts for misuse of Binance Alpha

Platform integrity measures intensify as Binance takes action against abuse of token distribution airdrops to maintain user trust.

by Vivian Nguyen | Powered by Gloria

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Photo: Kanchanara

Binance Wallet banned over 600 accounts last week for misusing its Binance Alpha program, according to a new announcement.

The action targets accounts that violated the platform’s terms while participating in Binance Alpha, the exchange’s engagement program designed to distribute tokens from new projects to eligible users through the exchange’s wallet service.

Binance has emphasized platform integrity measures in recent months, issuing apologies for past communication issues related to its listing processes and reinforcing commitments to transparency in programs like Alpha Airdrops.

The exchange has launched initiatives aimed at rebuilding user confidence through collaborative recovery plans and actions against fraudulent platform activities, particularly during periods of market volatility.