multiple accounts

According to the official announcement, based on recent community feedback, Binance found that some users used multiple accounts to test snapshot logic, and borrowed BNB in large amounts on other platforms to conduct high-frequency BNB asset withdrawals, resulting in a large number of BNB position statistics for these users in the Launchpad project. Binance optimizes BNB position statistics logic for Launchpad products Analysis based on this information:Binance, one of the world’s largest cryptocurrency exchange platforms, recently made an official announcement regarding its findings about the inappropriate use of multiple accounts and large-scale borrowing. According to the message, Binance discovered that some users have been testing snapshot logic with multiple accounts and borrowing BNB in significant amounts on other platforms to make high-frequency withdrawals of the same crypto asset. This practice resulted in a large number of BNB position statistics for these users in the Launchpad project, which led to the exchange’s decision to take action against such behaviours. The message…