Clarifications and Insights on Yzi Labs and Binance
$COMP The Relationship Between Yzi Labs and Binance
Yzi Labs, formerly known as Binance Labs, operates as an independent entity, with Ella Zhang at the helm and direct oversight from CZ. Since its inception, the investment division has functioned separately from Binance, making autonomous decisions. Despite funding thousands of projects, only a select few secure listings on Binance. These two entities—Binance and Yzi Labs—maintain strict independence from each other.
$COMP Listings on Binance follow a rigorous process, with multiple protective measures ensuring objectivity. While Binance may choose to distribute a portion of certain project tokens through airdrops, such actions should be seen as indicators rather than guarantees of success. Furthermore, all investment records made by Labs, along with details of co-investors in the market, remain publicly accessible. If any instance of misconduct or bribery arises, transparent evidence-based reporting is encouraged. Any Binance or Labs-affiliated individual found soliciting money, shares, or tokens in exchange for favors will face severe consequences, including legal action and public exposure. Reports regarding Yzi Labs should be sent directly to CZ or Ella Zhang, while matters concerning Binance or He Yi should be directed to Binance’s internal audit email. Reports with substantiated claims are eligible for rewards.
He Yi and Misrepresentation in the Market
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