Binance issued a harsh response to the allegations shared by an account on the X platform on October 14, 2025. In a press release, the corporate acknowledged that the allegations have been “unfounded, deceptive, and damaging to fame.”
Binance maintained in its assertion that it didn’t revenue from the itemizing course of and didn’t cost any itemizing charges. The corporate acknowledged that the safety deposit is collected solely for consumer safety and is used to make sure the continued operation of initiatives after itemizing. In keeping with Binance, this residue is mostly refunded inside one to 2 years underneath sure situations.
Moreover, cryptocurrency change Binance described the allegations that it or its founders had carried out a token dump as fully unfounded and with out proof.
The corporate described CJ’s unauthorized disclosure of confidential communications in his posts as “unlawful and unethical habits.” Binance acknowledged that these posts violated the privateness insurance policies of the platform and the business.
Lastly, Binance introduced that it reserves the appropriate to take authorized motion.
The claims concerning the token itemizing have been as follows:
- A 1% airdrop on itemizing day
- 3% extra airdrop inside 6 months
- Setting a 1% “advertising margin” at Binance’s discretion
- Present no less than $1 million in TVL (locked property) for the PancakeSwap pool
- Depositing a safety deposit of $250,000
- 3% allotted for the BNB HODLer program
- $200,000 price of tokens given to Binance-affiliated entrepreneurs
- For spot itemizing, $2 million price of BNB collateral have to be deposited.
*This isn’t funding recommendation.
