19/4/2026, 4:43:02 pm

Binance, Bitget probe RAVE surge amid insider trading allegations

Binance and Bitget investigate RAVE token price surge, accusing insiders of manipulation. RAVE token increased 4,500% in a week, resulting in $44 million in liquidations. RaveDAO's team denies involvement, and the token has since dropped over 50% from its peak, with millions of tokens previously transferred to exchanges.