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He Yi: Binance employees are not allowed to trade cryptocurrencies; they must hold their purchases for more than 90 days before trading

2023-01-10 14:15:48
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ChainCatcher news, He Yi, co-founder and CMO of Binance, and head of Binance Labs, stated during an online discussion at the "POW'ER 2023 Hong Kong Web3 Innovators Summit" that, "I didn't expect FTX to be that crazy at the time; it was only after seeing an article from CoinDesk that I realized the severity of the problem. At that time, we still didn't know that they were completely misappropriating user assets; we just thought FTX was spending too extravagantly."

In addition, He Yi mentioned, "Binance has very strict internal controls; no matter how senior the employee is, they are not allowed to trade cryptocurrencies. After buying, they must hold for more than 90 days before they can trade." (Source link)

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