todayonchain.com

Binance Wallet bans over 600 accounts for misuse of Binance Alpha

Crypto Briefing
Binance Wallet banned over 600 accounts for violating terms by misusing the Binance Alpha airdrop distribution program.

Summary

Binance Wallet recently banned more than 600 accounts due to the misuse of its Binance Alpha program, which is designed to distribute tokens from new projects to eligible users via the exchange's wallet service. This action is part of Binance's intensified efforts to enforce platform integrity and uphold its terms of service concerning token distribution airdrops. The exchange has been actively working to rebuild user confidence through various initiatives following past communication issues related to its listing processes.

(Source:Crypto Briefing)