Binance issued a harsh response to the allegations shared by an account on the X platform on October 14, 2025. In an announcement, the corporate said that the allegations had been “unfounded, deceptive, and damaging to repute.”
Binance maintained in its assertion that it didn’t revenue from the itemizing course of and didn’t cost any itemizing charges. The corporate said that the safety deposit is collected solely for consumer safety and is used to make sure the continued operation of tasks after itemizing. Based on Binance, this accretion is mostly refunded inside one to 2 years underneath sure situations.
Moreover, cryptocurrency change Binance described the allegations that it or its founders had performed a token dump as utterly unfounded and with out proof.
The corporate described CJ’s unauthorized disclosure of confidential communications in his posts as “unlawful and unethical conduct.” Binance said that these posts violated the privateness insurance policies of the platform and the trade.
Lastly, Binance introduced that it reserves the fitting to take authorized motion.
The claims relating to the token itemizing had been as follows:
- A 1% airdrop on itemizing day
- 3% extra airdrop inside 6 months
- Setting a 1% “advertising and marketing margin” at Binance’s discretion
- Present not less than $1 million in TVL (locked property) for the PancakeSwap pool
- Depositing a safety deposit of $250,000
- 3% allotted for the BNB HODLer program
- $200,000 price of tokens given to Binance-affiliated entrepreneurs
- For spot itemizing, $2 million price of BNB collateral should be deposited.
*This isn’t funding recommendation.
