each project has similar market makers who are engaged in the same... the difference is that these did not share their plans and profits with the exchanges and that is why they are punished🤣👌

❗️Binance has taken strict action against the market makers of $SHELL and #GPS — all profits have been confiscated!

Binance has targeted the market makers of MyShell (SHELL) and GoPlus Security (GPS) for "unlawful actions" against users. It's serious — they were expelled from the exchange, banned from any activity, and all the earned money has been seized. These funds will go towards compensation for the victims, but for now, the projects are in shock, and token prices are fluctuating: GPS at $0.0479 (-7% over 24 hours), SHELL down to $0.2954 (-7% over 24 hours).

There are rumors that the market maker on GPS dumped 70 million tokens without purchases, profiting $5 million, while also engaging in shady dealings with SHELL. Now the market is buzzing: some see this as a cleansing, while others view it as a signal that regulators are tightening their grip on crypto. One thing is clear — such upheavals change the rules of the game, and it's better to stay informed!