Express

Binance Fails Promise Of Investigating IEO Project TROY Causing Investors To Question

Tracy CHEN

Summary: According to jinse.com, in terms of the suspected fraud of the Binance IEO project TROY, several investors questioned the serious compliance problems of the Binance platform. Binance co-founder HE Yi had publicly promised to re-examine TROY, but so far there is no fulfilled results. Therefore, the community strongly questioned it. It is reported that community ...

According to jinse.com, in terms of the suspected fraud of the Binance IEO project TROY, several investors questioned the serious compliance problems of the Binance platform. Binance co-founder HE Yi had publicly promised to re-examine TROY, but so far there is no fulfilled results. Therefore, the community strongly questioned it. It is reported that community users have made four requests to HE Yi:
1) It is the time for Binance to make a public explanation as it has reviewed for a long time;
2) Publicly explain the situation and interests of the Troy project. Either admit that Troy has fraudulent operations for investors (since Binance participating in the incubation and having funds and personnel involved, it is not a completely independent project, and BlockVC is not just an investor), or admit that Binance's previous audits are not rigorous or Binance has interests involved, indicating consideration in the long-term cooperative relationship makes Troy not removed.
3) Either admit that Troy is fraudulent for investors and remove Troy, or set up a risk warning on the trading page.
4) BlockVC has lost the credit of the market. Although retail investors have no say in this market, at least everyone can decide what to buy or not with their own money.

Tracy Chen

Last Update:

Tags: ,
Link: Binance Fails Promise Of Investigating IEO Project TROY Causing Investors To Question   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 6 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 12 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 15 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 16 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 19 days ago
  • You need to login to comment.