Here's the real reason why there are so many incompetent officials and insider trading within Binance's management structure, from top to bottom:
Bybit and OKB both raised $25 billion in market capitalization this year.
BN's net profit in 2025 is estimated at $8 billion, and Hype's net profit at $1 billion.
BN's market capitalization is $80 billion, and Hype's is $40 billion.
Overall, BN, OK, and Bybit's trading volume has decreased by 50%. Hype and Bitget's trading volume has decreased by 30%, mainly due to new additions in their Trafi businesses.
BN's expansion in traditional markets is less agile and less competitive than Hype's. They don't focus on attracting new users and frequently engage in insider trading, harming the community ecosystem. All this is because Binance holds a dominant position in the industry, siphoning off users from four or five years ago, allowing these individuals to hold their positions and line their own pockets.
BSC personnel are incompetent at doing good work, but their ability to do bad things is evident.
Indecisive and hesitant, they'd kneel and beg for forgiveness before giving up.