Binance Co-founder He Yi Warns of Freezing Risk from Incoming Suspicious Funds
Nov 8, 17:30
On November 8, TechFlow reported that according to Binance co-founder He Yi, users should not transfer funds of questionable origin to Binance, including USDT provided by friends at a discount, funds routed through other individuals' accounts, and similar sources.
He Yi stated that the relevant addresses may have already been flagged prior to the entry of illicit funds into the platform; transferred funds could be frozen by law enforcement. Such cases are typically complex and prolonged, and Binance lacks the authority to unfreeze them.