Crypto cash-back project StormX's token has seemingly experienced market manipulation amid what a Binance customer service rep calls an "emergency incident of the STMX contract."
"Regarding the emergency incident of the STMX contract, the relevant team is dealing with it urgently," a Twitter-translated tweet from @sisibinance reads.
The tweet, in translation, continues: "Further information will be synchronized with you later. Please enter the online customer service to fill out the appeal form."
Neither Sisi nor StormX immediately responded to a request for comment.
StormX's token is the 268th-ranked cryptocurrency by market capitalization, according to CoinGecko. Over the past 24 hours, the STMX price surged from $0.0063 to nearly $0.015.
The price of StormX's token surged before immediately collapsing today. Source: TradingView
