Live Update: Exclusive Evidence of a Major Pump and Dump Scheme on Binance

[kreslik.news]

Binance, the major cryptocurrency exchange currently ranked second to ‎OKEx in terms of trading volume, has temporarily suspended withdrawals ‎and trading‏.‏

The outage at the trading venue, one of the world’s biggest, comes after a Reddit user ‎published the following complaint: “WTF is happening! Binance just sold all my alts at market ‎rate and I have got just the Bitcoin now. Is it because of account getting hacked or binance ‎bot issue? Have raised a ticket 715903 for this.’‎

According to several posts on Reddit, Twitter and other social channels, ‎someone hacked the trading bot used by majority of people on Binance. ... (read more)