He Yi: Binance will handle user losses caused by platform issues, excluding personal trading losses caused by price fluctuations

According to Odaily Planet Daily, Binance co-founder He Yi stated in a post on the X platform that Binance will address losses and margin calls incurred by traders during the platform downtime, and will gradually address issues affecting users of three types of unpegged and wrapped assets. Binance will not recover profits from users who purchased unpegged assets at low prices. He Yi reiterated that Binance does not compensate individual trading losses caused by price fluctuations or unrealized profits.