Binance under fire for allegedly listing pump-and-dump memecoin schemes

Crypto community members have raised concerns over Binance’s listings of Solana-based memecoins—The AI Prophecy (ACT) and Peanut the Squirrel (PNUT)—alleging a possible pump-and-dump scheme. On Nov. 11, Binance, the world’s largest crypto exchange by trading volume, unexpectedly listed these low-market-cap memecoins, helping to boost their values and market caps rapidly. Following the Binance listing, ACT […] The post Binance under fire for allegedly listing pump-and-dump memecoin schemes appeared first on CryptoSlate.