Binance has publicly identified and blacklisted several individuals and companies for pretending to be official “listing agents,” offering bounties as high as $5 million for information that helps stop this fraud. The direct strike against a long-running scam aims to protect crypto projects from paying large fees for false promises of getting tokens listed on the world’s largest exchange. In a public notice shared by Binance co-CEO Yi He on X, the exchange warned projects to ignore anyone claiming to secure guaranteed listings in return for payment. Yi He wrote that Binance is offering rewards “across the entire internet” to collect criminal evidence tied to fake listing activity, adding that valid tips could qualify for payouts as high as $5 million.
In the notice, Binance stressed that it does not recognize third-party intermediaries of any kind, pointing out that all listing applications must come directly from a project’s core leadership team through the exchange’s official portal. It added that any project found using an outside agent will be disqualified immediately and blocked from future applications. The exchange also published a partial blacklist following an internal audit. Names on the list included entities such as BitABC and Central Research, alongside individuals like May (also known as Dannie), Andrew Lee, Suki Yang, Fiona Lee, and Kenny Z.
Binance said these parties falsely claimed links to its listing team. Blockchain reporter Colin Wu later stated that Central Research had invested in several projects, including Fireverse, Nebula Revelation, AKI Network, Fusionist, and Artyfact. Of those, only Fusionist’s ACE token has secured a Binance listing so far. The firm said whistleblowers should preserve evidence such as screenshots or recordings and submit them through its audit email channel, adding that it may pursue legal action against brokers confirmed to be involved in fraud.
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