We are aware of the X posts by @cjhtech on 14 October 2025 that contain allegations against Binance that are false and defamatory. These are also clearly designed to mislead the community and attack the integrity of Binance’s listing process. 1. Binance does not profit from its listing process - the token allocations are for Binance users. Binance does not charge listing fees, and the security deposit is required for the protection of users. This ensures the projects remain operational after getting listed. It is usually refundable within 1-2 years timeframe on certain conditions. CJ’s allegations are contradicted by the alleged Binance-proposed terms that he himself has published. 2. Allegations that Binance and its founders have been dumping tokens is also entirely untrue and unsubstantiated. 3. We are also surprised by CJ’s illegal and unauthorised disclosure of confidential communications with Binance. These publications have damaged the integrity of what the industry and community clearly understands and knows to be sensitive and confidential information. Given the egregiousness and inexcusability of CJ’s actions, we expressly reserve all of our rights, including taking legal action to protect our interests.