Binance co-CEO responds to ZachXBT: An investigation has been launched into suspected insider trading involving the RAVE token.

CoinFeed reported on April 18 that blockchain detective ZachXBT previously stated that the "pump and dump" behavior of RAVE tokens originated from three cryptocurrency exchanges. In response, Binance Co-CEO Richard Teng stated on the X platform: "Thank you ZachXBT for reporting this to Binance. We are currently investigating and will always fulfill our responsibilities to investigate all market misconduct."