Binance outlines six market-maker red flags and compliance rules for token teams

Binance published guidance on Wednesday warning token projects and retail traders about market-making behaviors it says can distort prices, reduce liquidity, and damage community trust. The exchange listed six red flags—such as selling ahead of token release schedules, one-sided order flow, coordinated cross-exchange sell-offs, wash-trading-like volume, and thin order books—and added compliance expectations including disclosure of market-maker arrangements and bans on profit-sharing deals.