Binance Accounts Allegedly Used in Justin Sun Insider Trading Scheme

In a significant development shaking the cryptocurrency industry, explosive allegations have surfaced regarding potential market manipulation involving Binance accounts. Justin Sun's former partner, Ten Ten, has publicly accused Sun of orchestrating coordinated insider trading using the identities of twelve named employees. The accuser claims that Sun utilized real individuals—rather than automated bots—to manipulate TRX (Tron) markets through Binance accounts opened under these employees' personal identities. According to the released statement, internal documentation including emails, exchange transaction logs, and phone records allegedly substantiates these serious claims. Ten Ten stated, "He made his employees give him their ID cards and..." implying direct involvement in identity usage for account creation. This allegation, if proven, could represent a severe breach of market integrity and regulatory compliance, particularly concerning one of the world's largest cryptocurrency exchanges. The timing of these revelations in early 2026 adds another LAYER of scrutiny to ongoing discussions about exchange accountability and insider trading prevention in digital asset markets. As the cryptocurrency sector continues its maturation within global finance, such allegations highlight the persistent challenges of ensuring transparent and fair trading practices, even on established platforms like Binance. The situation underscores the importance of robust internal controls and regulatory oversight as digital assets gain broader institutional adoption.

Justin Sun's Former Partner Alleges Insider Trading Using Binance Accounts

Justin Sun's ex-partner, Ten Ten, has released explosive allegations of coordinated insider trading involving twelve named employees. The accuser claims Sun used real people—not bots—to manipulate TRX markets through Binance accounts opened under their identities. Internal records including emails, exchange logs, and phone data allegedly substantiate the claims.

"He made his employees give him their ID cards and phone numbers," Ten Ten stated, alleging Wang Bingyu facilitated the account creation. The named individuals—all reportedly mainland Chinese employees of SUN at the time—include Zhao Ling, Liu Jintong, and Huang Kaijie among others. Some were later imprisoned in China under unclear circumstances.

The allegations extend to paid influencer networks. "They get 20,000 USDT per post to pump coins before the rug," Ten Ten claimed, accusing Sun of deploying KOLs to artificially inflate prices before dump events. The whistleblower maintains secure evidence channels for investigators.

Binance Reallocates 1,315 BTC to SAFU Fund in Treasury Reshuffle

Binance executed an internal transfer of 1,315 BTC (valued at ~$100.7M) to its Secure Asset Fund for Users (SAFU) wallet on February 2, 2026. Blockchain data confirms the movement was an accounting reclassification rather than a market purchase, with no accompanying stablecoin transactions observed. The exchange modified wallet authorization protocols just prior to the transfer, adding two new whitelisted addresses.

This strategic allocation highlights Binance's proactive approach to risk management, earmarking existing bitcoin holdings for user protection reserves. Market analysts interpret the move as reinforcing exchange solvency assurances without creating immediate buy-side pressure on BTC markets.