According to Odaily Planet Daily, Binance officially stated in a statement: "Binance has always been committed to protecting the rights and interests of real users and providing users with a fair and just Alpha platform. After the team's review, more than 600 accounts were banned last week for using illegal third-party tools.

We sincerely invite the community to participate in oversight and actively report any suspected fraudulent and illegal activities to build a safer and more transparent platform. Effective immediately, any account found to be using unauthorized third-party tools or otherwise violating the terms and conditions of the Binance exchange, Binance Wallet, and Binance Alpha will be permanently disqualified from participating in any Binance events and will forfeit all earnings from Alpha events. As an incentive, the first user to successfully report an incident will receive a portion of the account's recovered earnings (up to 50%) as a reward.

Please submit your report through the official link below and provide as much detailed information as possible (such as screenshots, UID, IP address, or related blockchain address) so that we can verify and handle it more efficiently and accurately. Thank you for your understanding and cooperation.