Binance claims it ‘does not profit' from its token listing process, calls allegations ‘false and defamatory'

**Binance Denies Profit Claims from Cryptocurrency Token Listing Process Amid Legal Threats**

Leading cryptocurrency exchange Binance has firmly rejected allegations regarding its token listing practices, labeling claims as "false and defamatory" while threatening potential legal action. The dispute emerged after CJ Hetherington, CEO of Limitless Labs, made public accusations about Binance's listing procedures.

The world's largest crypto trading platform by volume maintains it operates transparent listing processes without profiting from token additions to its exchange. This controversy highlights ongoing scrutiny within the cryptocurrency industry regarding exchange listing practices and potential conflicts of interest.

Binance's strong response underscores the exchange's commitment to defending its reputation amid increasing regulatory oversight of cryptocurrency platforms globally. The potential legal battle could set important precedents for how blockchain companies handle public disputes and defamation claims.

This development comes as cryptocurrency exchanges face heightened attention from regulators worldwide, with listing practices under particular scrutiny. The outcome may influence how other major crypto platforms like Coinbase and Kraken approach similar disputes, potentially impacting Bitcoin, Ethereum, and broader DeFi market dynamics.