He Yi: Binance Will Fully Bear User Fund Losses, Has Rebuilt Security Boundaries on Zero-Trust Principles

November 4: Binance co-founder He Yi published a post responding to outside criticism of Binance's security and permission management, saying "We accept it all." He Yi said user funds will be fully borne by Binance. The incident report Binance previously published retained details in order to provide a reference for industry peers, touching on the complexity of social engineering attacks and the issue of AI permission boundaries. Binance has now started with permission management across departments and the security environment, updating devices, resetting AI tools, and rebuilding security boundaries according to zero-trust and least-privilege principles. A report from a security audit will follow. He Yi also said Binance welcomes AI security talent to join.