Binance co-founder He Yi and the YZi Labs team held a live broadcast at Binance Plaza "The melon owners collectively appeared on the scene to face doubts about YZi Labs' investment and Binance's coin listing!" to respond to external questions about Binance's coin listing and YZi Labs.

He Yi stated in the statement that in the past two years, Binance has conducted a lot of investigations into internal violations, with more than 120 internal audit cases, more than 60 people have been dismissed for violations, and a total of more than US$30 million in illegal gains have been recovered. At this stage, there are at least two lawsuits and prosecutions.