PANews reported on December 16 that according to the statement and legal documents provided by Squirrel_Dad (owner of the internet celebrity squirrel "Pnut the Squirrel"), its legal team has officially sent a cease and desist letter to Binance, accusing Binance of unauthorized use of its intellectual property, including the images, trademarks and story content of "Peanut the Squirrel". The letter accused Binance of displaying relevant content on its platform without permission and listing tokens, suspected of infringing copyright and trademark rights. Squirrel_Dad said it would protect its creative works through legal means and planned to take further legal action.

Squirrel_Dad's behavior has caused dissatisfaction among some users. His personal X account has been reported by many people and currently displays a warning that his personal profile may contain potentially sensitive content.