He Yi: Binance only blocked a few Palestinian user accounts suspected of illegal funds

In response to rumors that "Binance froze all Palestinian assets at the request of Israel", Binance co-founder He Yi responded that Binance only blocked a few user accounts related to illegal funds and prohibited them from trading. He Yi said that as a global cryptocurrency exchange, Binance complies with internationally recognized anti-money laundering regulations, which is consistent with the practices of other financial institutions. Binance will also continue to educate users on how to trade safely and reliably on the platform. Finally, He Yi expressed hope that lasting peace can be achieved in the region.