A Binance employee has been suspended and faces further disciplinary action after an internal investigation found they were connected to the launch of the 'Year of the Yellow Fruit' meme coin on BNB Chain and subsequently promoted it via the official Binance Futures X account. The token briefly reached a $6 million market cap. Binance stated the actions constituted an abuse of position for personal gain and violate company policy. The firm has contacted relevant authorities and will reward five whistleblowers $100,000. The investigation is ongoing.