He Yi Comments on Binance Facing a Second Front in Public Opinion: Stirring the Pot Only Undermines Confidence in the Industry

November 4: In response to "Binance facing a second front of public opinion after a security incident," Yi He stated, "When the storm comes, they think cutting down the biggest tree will make them the winner. Fanning the flames will only drive everyone away and reduce confidence in the industry, not just in Binance."

Earlier, Binance founder CZ reposted a long article and called it "another attack against Binance." According to the article's statistics, from 05:00 on October 30 to 20:00 on November 2, within about 78 hours, 1,083 accounts published 11,700 hostile posts about the Binance hot wallet theft incident, with about 20.93 million impressions, of which 79.6% were replies, and 3,354 were judged to be false information across 15 categories of rumors. The article argued that alongside the real security incident, coordinated narrative operations with rhythm and division of labor also appeared on X, with themes switching according to Binance's response milestones, including insider involvement, insolvency, a second FTX, not daring to open withdrawals, a run once withdrawals opened, and exaggerated net outflows.