Permanent account bans in some cases include
BTC announced that the global cryptocurrency platform #Binance has banned more than 600 accounts over the past week due to misuse of the #BinanceAlpha platform.
The company explained in a message directed to users that the banned accounts had "misused Binance Alpha through fraudulent use of automated tools, such as 'robot farms'.
To effectively combat this type of fraud, 'Binance' launched a new mechanism to enhance community reporting, encouraging users to "actively report any fraudulent activities or misuse of the platform".
'Binance' stated that if the report is verified and it is found that the reported account violated the terms of use, it reserves the right to permanently ban the account from participating in all campaigns and promotional offers of the platform and the recovery of profits earned by the account.
Most importantly, the first user to provide a verified report can receive a reward of up to 50% of the profits recovered from the violating account.
'Binance' urged users to submit reports via the designated official link, including as much supporting information as possible, such as screenshots, user IDs, and IP addresses, to ensure quick verification of violations.
Source: #BinanceWallet on X
#bnb #BNBUSDT
