He Yi Responds to Binance Employee Fired for Discovering Iran-Related Transactions: Will Continue to Cooperate with Law Enforcement and Strengthen Compliance System

Odaily News Binance co-founder He Yi posted on platform X in response to the incident of "Binance employee fired for discovering Iran-related transactions." She stated that compliance staff in their practical work need to handle various types of cases. In recent years, Binance has proactively initiated multiple investigations related to potential crimes, submitted the findings to law enforcement agencies, and assisted users in avoiding potential scams and fund losses through risk control and compliance measures. Faced with an ever-changing regulatory environment and new methods of financial crime, the company's compliance system still requires continuous upgrading and optimization. She also expressed gratitude to former employees who participated in the company's compliance construction efforts, emphasizing that as the company continues to advance higher standards of compliance building, the execution process may not satisfy everyone. However, Binance will continue to invest resources, introduce more compliance professionals with specialized backgrounds and experience in law enforcement collaboration, to enhance overall capabilities in risk identification, investigation, and resolution.