In response to Binance reaching a historic settlement with U.S. regulators, Binance co-founder He Yi issued a post on the X platform emphasizing that U.S. regulators did not accuse Binance of misappropriating user funds or participating in market manipulation. Binance is committed to further strengthening compliance measures and continuing to build and develop its platform.
In addition, He Yi said in the community: "Our early compliance was not good enough, and we had to be beaten when we made mistakes. Binance did not use user money, nor did it manipulate the market. If compliance is good, it is still a good boy; this is not directed at Binance. There was BitMEX before, now it’s Binance, sit in a row, come one by one. Now it’s Binance, which is compliant, and a new chapter has opened.”