It was a refreshing news that Binance conducted an investigation into the conduct of the market marker responsible for $SHELL and $GPS
The community is also happy that punitive measures have been taken against the said market marker.
However, the proposed compensation should be holistic. These two coins were already being traded on several exchanges before Binance listing, including spot and futures.
I suggest that the confiscated assets from the market marker be reinvested into the respective tokens. Thus, returning the token price to what it should have been had the market marker not manipulated it.
Community should also be allowed to vote on how long the market marker asset should be locked in the respective tokens.
Binance has gained credibility over the years, it will be regrettable if the public trust erodes with incidents like this. Interestingly, $SHELL is from Binance labs.
