Yi He: Binance Conducted Over 120 Internal Investigations in the Last Two Years

During a live broadcast at Binance Square, Yi He, alongside the YZi Labs team, addressed public concerns regarding Binance's coin listing processes and the operations of YZi Labs. The event, titled "The Melon Owners Collectively Appear to Face Doubts About YZi Labs' Investment and Binance's Coin Listing!" provided a platform for transparency and direct responses to the community's inquiries.

Yi He disclosed that over the past two years, Binance's internal audit team has been vigorously active, conducting more than 120 investigations into various internal violations. These efforts have led to dismissing over 60 employees found in breach of company policies and recovering over US$30 million in illegal gains.At this stage, there are at least two ongoing lawsuits and prosecutions.