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After Binance's release of the "Misconduct by Listing Fees Employee" announcement, the employee involved saw the meme coin they listed surge by 900%.

1 hours ago

December 8th — Per GMGN market data (via this link), Binance issued an official notice at 19:05 today regarding the "Handling of an Employee Who Illegally Promoted a Meme Coin Using Binance’s Official Account." The notice states the employee has been suspended pending further disciplinary action. Binance has proactively reached out and will fully cooperate with relevant law enforcement agencies in the employee’s jurisdiction to take appropriate legal steps in line with applicable laws. Notably, following the notice’s publication, the "involved" Meme coin *Yellow Fruit Year* — launched by the violating employee — saw a sharp price surge. At press time, it’s up over 900%, having briefly hit $0.006. Its market capitalization topped $6 million before retracing to $5.33 million.
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