BlockBeats News, October 19th, according to an official announcement, Binance has always been committed to safeguarding the rights and interests of the majority of genuine users, providing users with a fair and just Alpha platform. After team review, more than 600 accounts were banned last week for using prohibited third-party tools.
We sincerely invite the community to participate in supervision, actively report any suspected fraudulent and non-compliant behaviors, and jointly build a safer and more transparent platform. Effective immediately, if any account is found to be using prohibited third-party tools or engaging in other behaviors that violate Binance Exchange, Binance Wallet, and Binance Alpha terms, the platform reserves the right to permanently disqualify the account from participating in any Binance activities and will forfeit all earnings from Alpha activities for that account.
As an incentive measure, the first user whose successful report is verified by the platform will receive a portion of the forfeited earnings from that account (up to 50%) as a reward.
