Binance Rejects Meme Coin Promotion Allegations
The post Binance Rejects Meme Coin Promotion Allegations appeared on BitcoinEthereumNews.com.
Binance has pushed back against claims that the exchange was involved in coordinated promotions for new meme coins. The remarks follow growing concerns that the exchange’s social media posts were being converted into meme tokens. Sponsored Binance Launches Internal Review After Meme Coins Mirror its Tweets One example of such a trend is a tweet from a Binance Futures post that read, “The year of the yellow fruit and harvest! Plant wisely. Harvest abundantly.” An on-chain token using the exact phrase and image appeared shortly before the post went live. $year of yellow fruit0x2fe3731d8b61515aad65757c7cab8042c43a4444Trades and Price Chart:https://t.co/MOHKDeoL43“year of yellow fruit” comes from a Binance Futures tweet:“The year of the yellow fruit and harvest! Plant wisely. Harvest abundantly.”Before this tweet was posted,… pic.twitter.com/1aHMu7TWkw — Nineteen (@nineteenthvibe) December 7, 2025 That timing fueled suspicion that someone inside Binance created or supported the token. Following the revelation, the exchange said it has started an internal review to determine what happened. However, Binance co-founder Yi He has also pushed back against the claims. She said Binance has no agreements with KOLs to seed or endorse memecoin issuances. Sponsored Instead, she pointed out that these token creators are copying words from Binance posts and turning them into tokens in hopes of riding social momentum. “Currently, the community is engaging in community behavior unrelated to Binance by issuing coins based on Binance’s official Twitter, my statements, or words excerpted from posts. But we cannot stop posting just because someone might come looking for angles,” she said. Considering this, Yi He explained that the company’s social media team chooses its own phrasing and has broad latitude in how it frames posts. Yet she stressed that this freedom does not extend to creating tokens. Sponsored Nonetheless, she emphasized that the exchange bars employees from issuing or promoting cryptocurrencies.…
Filed under: News - @ December 7, 2025 5:18 pm