Important points
- Binance Wallet has banned over 600 accounts for abusing the Binance Alpha program, which controls airdrop distribution.
- This action enforces the platform’s terms of service and is part of a broader effort to ensure the integrity of token distribution.
Last week, Binance Wallet banned over 600 accounts for abusing the Binance Alpha program, according to a new announcement.
The action targets accounts that violate the platform’s terms while participating in Binance Alpha, the exchange’s engagement program designed to distribute tokens from new projects to eligible users through the exchange’s wallet service.
In recent months, Binance has emphasized platform integrity measures, apologized for past communication issues related to the listing process, and increased its commitment to transparency in programs like Alpha Airdrop.
The exchange has launched an initiative aimed at rebuilding user trust through a collaborative recovery plan and action against fraudulent platform activity, especially during times of market volatility.
