After Binance's release of the "Misconduct by Listing Fees Employee" announcement, the employee involved saw the meme coin they listed surge by 900%.

BlockBeats News, December 8th, according to GMGN market data, Binance officially released a notice today at 19:05 regarding the "Handling of Employee Who Illegally Promoted a Meme Coin Using Binance's Official Account." The notice stated that the employee has been suspended pending further disciplinary action. Binance has proactively contacted and will fully cooperate with the relevant law enforcement agencies in the employee's jurisdiction to take appropriate legal action based on applicable laws.

However, it is worth noting that after the publication of this notice, the "involved" Meme coin "Yellow Fruit Year," which was released by the violating employee, saw a surge in its price. At the time of writing, it has risen by over 900%, with the price reaching $0.006 at one point. The market capitalization has also surpassed $6 million but has since retraced to $5.33 million.