Binance denies charging any listing fees and calls Limitless Labs CEO CJ Hetherington’s claims false and defamatory, stating that security deposits are refundable and token allocations are for users, while threatening legal action over the unauthorized release of confidential communications.
Binance denies charging listing fees and rejects token-dumping claims.
Limitless Labs CEO CJ Hetherington published alleged listing terms including deposits and token allocations; Binance says the disclosures breach confidentiality.
Reported terms: 1% day-one airdrop, 3% six-month airdrop, $250k security deposit, $2M BNB collateral, and 100% TVL provision for PancakeSwap pools.
Binance listing fees denied—Binance refutes claims it charges fees for listings; read the verified breakdown and expert reactions. Published by COINOTAG.
What are Binance listing fees?
Binance listing fees are publicly denied by the exchange; Binance states it does not charge listing fees and characterizes the disclosed terms as confidential communications improperly revealed by an executive. The company says security deposits exist for user protection and are refundable within one to two years.
Did Limitless Labs publish a Binance listing offer?
Limitless Labs CEO CJ Hetherington publicly shared what he described as Binance’s listing offer. The posted terms claimed a 1% day-one airdrop, an additional 3% within six months, a 1% marketing allocation at Binance’s discretion, a $250,000 security deposit, $2 million in BNB as collateral for spot listing, and a requirement to provide 100% of TVL for a PancakeSwap pool (cited as $1M+).
Details of the dispute
COINOTAG reviewed statements from the parties involved and available public commentary. Binance issued a denial of CJ Hetherington’s allegations, labeling them false and defamatory. The exchange emphasized that any deposits or token allocations referenced are intended to secure user protection and liquidity, and that deposits are refundable after one to two years. Binance also signaled intent to pursue legal remedies over the unauthorized release of supposedly confidential communications.
Public reactions and corroboration
Several industry figures reacted. Mike Dudas, founder of 6MV, said he had seen similar Binance listing proposals in the past month and confirmed the proposals aligned with CJ’s published details. Crypto analyst Howard Peng criticized CJ’s decision to publicize the offer, calling the move “immature” and urging project teams to decline terms they find unacceptable. Peng also questioned the retail impact of exchange listings on long-term token performance.
offer from @binance:
> 1% airdrop on day 1, alpha listing
> 3% further airdrops in 6 months
> 1% for “marketing” at Binance full discretion
> provide 100% of TVL for token pool on Pancake Swap ($1M+)
> $250k security deposit— CJ (@cjhtech) October 14, 2025
Why Binance rejects the claims
Binance’s public response stressed that the company does not charge listing fees and that allegations of coordinated token dumping by the exchange or its founders are unsubstantiated. Binance framed the disclosure as a breach of confidentiality that risks misleading the crypto community about how listings are handled. The exchange reiterated that any security deposits are refundable and that token allocations are designed to benefit users.
Legal and compliance implications
Binance’s statement referenced the confidentiality of internal communications and signaled potential legal action. From a compliance standpoint, exchanges often use contractual terms and NDAs to govern listing processes; when such documents are disclosed, exchanges may pursue remedies to protect proprietary processes and user trust. COINOTAG notes that legal approaches vary by jurisdiction and depend on the contractual obligations in place.
Frequently Asked Questions
Are Binance listing deposits refundable?
According to Binance’s public response, security deposits referenced in the disclosed terms are refundable within one to two years. Binance says deposits are intended as user-protection mechanisms rather than permanent fees.
Did Binance confirm the exact figures CJ posted?
Binance denied the broader allegations and disputed characterizations of the disclosed terms. Industry figures such as Mike Dudas reported seeing similar proposals; however, Binance maintains any specific disclosures were unauthorized and misleading.
Key Takeaways
- Binance denies listing fees: The exchange publicly states it does not charge fees for token listings and calls the claims defamatory.
- Alleged terms circulate: CJ Hetherington published alleged listing terms including multiple airdrops, security deposits, and collateral requirements; industry peers reported seeing similar proposals.
- Confidentiality and legal risk: Binance warns the disclosure breached confidentiality and may pursue legal action; project teams should assess contractual obligations carefully.
Conclusion
COINOTAG reporting shows Binance has formally denied claims that it charges listing fees and has characterized the publicized offer as a confidential communication improperly disclosed by Limitless Labs’ CEO CJ Hetherington. Industry voices, including Mike Dudas and Howard Peng, corroborated and criticized the disclosure respectively. This episode underscores the sensitivity of listing negotiations and the importance of contractual confidentiality; project teams should document offers carefully and consult legal counsel when in doubt. Published: October 15, 2025. Updated: October 15, 2025. Author: COINOTAG.