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What Cryptocurrency Will Be Next to Appear on Binance? A Scandal With a Voting

2019-3-18 13:57| 发布者: 41caijing| 查看: 597| 评论: 0|来自: ICO Brothers Media

On July 24, Binance, one of the most popular cryptocurrency exchanges, announced the start of a voting for the “Coin of the month”. There are 5 candidates in total. The one who will get the majority of votes will get listing on Binance in a reasonable time.

On July 26, users of Redditors suggested that the vote was unfair and more than 50% of the votes had been obtained in an unfair way.

Among the cryptocurrencies for which you can vote are: Libra Credit [LBA], Locktrip [LOC], Mithril [MITH], NKN [NKN] and Polymath [POLY]. The end of the vote and the announcement of the results will be held on July 30.
The peculiarity of this voting is that the results depend on the number of Binance tokens [BNB] on accounts of users that vote, not on the number of voted users. In simple words, the more BNB there is on a user’s account, the higher the is probability that the coin for which he votes will be the winner.

In addition, the voting for a candidate is paid and costs 0.1 BNB.

One Reddit user, Arbobmehmood, considers that the voting is unfair.

He says that this month’s voting is being manipulated, with about 50% votes coming from 10 accounts. The manipulations are in favor of LBA and MITH. He adds that one of the accounts have financed 193 other accounts for about 400 BNB, thus 65,420 BNB or 25% of the total number of votes were transferred.

A user of Meduim, Cryptodaku supports the theory about manipulations, saying that it’s visible that this wallet ([0x2a74f3A43A0b13eFdc1413C665E68aF7d09b0811]) has begun transferring almost 20k BNB, which is equal to 20000 votes.

These users conclude that the two addresses are manipulating the vote, and, in addition, they are among the top 10 LBA wallets. The total number of LBA on their account is approximately 13333323 LBA.

Similar manipulations are carried out for MITH.

However, despite all this, at the time of writing, the voting favorite is NKN, Mithril is in second place, and Libra Credit is in third place.


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