Crypto Fndy
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Urgent: Binance Takes Action! 🚨
🔥 Binance has taken significant action against a market maker for the GPS and SHELL tokens! 🚀
📉 Between March 4 and 5, 70 million of the GPS token were sold off without any buy orders, resulting in a profit of 5 million dollars – but now, Binance has changed the game!
✅ Banned the market maker 🚫
✅ Seized 5 million dollars 💰
✅ Compensated the users! 👏
📌 Binance clarified that it will not tolerate market makers who do not follow fair trading rules! And if they continue to violate, further actions may be taken! ⚠️
💬 What do you think of this decision? Was it enough, or should Binance be stricter? Share your opinion in the comments! 👇🔥
Explanation:
Binance discovered that a market maker sold a massive amount of the GPS token without any buy orders, leading to a price drop and unfairly gaining a significant profit. Binance responded by banning the market maker, seizing the profits, and compensating the affected users, in a move that enhances market integrity and prevents price manipulation.
$GPS #CryptoMarketWatch
🔥 Binance has taken significant action against a market maker for the GPS and SHELL tokens! 🚀
📉 Between March 4 and 5, 70 million of the GPS token were sold off without any buy orders, resulting in a profit of 5 million dollars – but now, Binance has changed the game!
✅ Banned the market maker 🚫
✅ Seized 5 million dollars 💰
✅ Compensated the users! 👏
📌 Binance clarified that it will not tolerate market makers who do not follow fair trading rules! And if they continue to violate, further actions may be taken! ⚠️
💬 What do you think of this decision? Was it enough, or should Binance be stricter? Share your opinion in the comments! 👇🔥
Explanation:
Binance discovered that a market maker sold a massive amount of the GPS token without any buy orders, leading to a price drop and unfairly gaining a significant profit. Binance responded by banning the market maker, seizing the profits, and compensating the affected users, in a move that enhances market integrity and prevents price manipulation.
$GPS #CryptoMarketWatch
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