Binance, the largest digital assets trading platform in the world, on Monday 2nd September launched two Futures Testnet platforms, but there seem to be complications around the launched testnets as Bimex alleged the former of copy pasting its entire document.

Congrats on the Testnet Futures launches @binance. Glad to see you enjoyed reading our documentation as much as we enjoyed writing it! pic.twitter.com/lLzcLcX6t4 — BitMEX (@BitMEXdotcom) September 4, 2019

A clear observation of the platform reveals that the allegation is far from being false, as all documents on Bitmex Auto Deleveraging page were found on the Binance platform.

The crypto community found the action obnoxious especially amongst lovers of the exchange, saying plagiarising the document of a direct competitor is a very shameful act.

However, the CEO of the exchange made a quick response to shield his image and that of his company in the crypto space. Popularly known as CZ Binance, the CEO said: “Shame on us.”

CZ further appealed to BitMEX and the entire community saying they are sorry for the nefarious action was caused by eluding the DD process before the acquisition.

He added that they did not peruse the BitMEX docs, but a quick action would be made to correct it.

Congrats on the Testnet Futures launches @binance. Glad to see you enjoyed reading our documentation as much as we enjoyed writing it! pic.twitter.com/lLzcLcX6t4 — BitMEX (@BitMEXdotcom) September 4, 2019

Previously, Binance acquired a crypto derivatives platform JEX to bolster its presence in the field of cryptocurrency futures and other derivative services.

Nevertheless, it is still unclear whether the CEO and his company has lost their integrity in the ecosystem, as some perceived it as a common mistake while others feel no justification can be made for the blunder.

Research Report Indicates TRON Also Code-copied

Picking just a line out of someone’s work is stealing. Across different industries, firms have been accused of plagiarism which is nothing but theft.

The present situation bordering on code and white paper plagiarism in the cryptocurrency space, calls for a review and maybe overhaul of the industry.

TRON, a strategic partner of Binance, was also alleged of Plagiarism early 2018. The digital currency’s whitepaper and codes contain elements of plagiarism, in-depth research by Digital Asset Research (DAR) claimed in the past.

TRON was highly referenced for plagiarism of various forms. When the report by DAR accused Justin Sun of “slight modification” and in some cases, “verbatim code-copying” in 2018, TRON founder Justin Sun shifted the blame on volunteers who worked on translating the whitepaper.

Beyond, Tron’s white paper was said to contain loads of stolen pages from Filecoin and the Interplanetary File System without a single reference from TRON foundation. The scandal was followed by traces of Ethereum’s code in TRON’s Github, also without a reference to the legitimate owner.

The case of Binance plagiarising BitMEX is only a reflection of what is obtained in the crypto space, especially among small projects fighting for survival.