Binance Co-CEO: Investigation launched into abnormal fluctuations of RAVE token

Binance Co-CEO Richard Teng responded to ZachXBT on the X platform, thanking him for reporting the matter to Binance. The platform is currently under investigation and will always fulfill its responsibilities to investigate all market misconduct.

Previously, on-chain detective ZachXBT published a post pointing out that the abnormal volatility of the RAVE token originated from Binance, Bitget, and Gate exchanges, and issued a call to action to the three platforms, while offering a reward of up to $10,000 for whistleblower information.