Binance Sets Up to $5 Million Whistleblower Reward to Tackle Listing Fraud

Binance co-founder He Yi has introduced a reward program offering up to $5 million for credible evidence of fraud or insider trading involving listing agents. The initiative is designed to deter fake intermediaries, reinforce that Binance does not charge listing application fees, and respond to market concerns highlighted by the sharp decline in Ronin's token price. Ronin has seen a 28% drop in 24 hours and a 36.59% fall over 30 days, with its market cap at $113 million and price at $0.16 as of December 17, 2025.