Binance Claims It Does Not Profit From Token Listings

Summary

Binance publicly denied profiting from token listings, calling allegations that it demanded 8% of a project’s token supply and $2 million in BNB “false and defamatory.” The statement was issued in response to an X post by Limitless CEO CJ Hetherington claiming the exchange sought those payments during listing discussions. The dispute heightens regulatory and reputational scrutiny of major exchanges’ listing practices and could prompt closer industry and investor examination of listing terms and transparency.