Binance rewards event awaits regulatory approval… No cash coupons

Binance co-founder He Yi said on X that the exchange's community compensation program is awaiting regulatory review and approval, with no cash coupon campaign currently active, and warned users to beware of phishing and scam links. The announcement follows claims by an X user of receiving a $150 compensation payout from Binance's compensation center tied to a withdrawal suspension, with payments said to be rolling out to active users sequentially—though this remains unverified user testimony. The program stems from a Binance security incident, and the regulatory sign-off requirement underscores the exchange's compliance posture. Watch for the regulator's review outcome, confirmation of official compensation terms and eligibility, and any further phishing-related security alerts.