A post by @heyibinance on X.
Our top priority right now is to ensure the environment is secure, after which users can withdraw th…
@heyibinance on X
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Binance co-founder Yi He said the exchange's top priority is ensuring a secure environment before resuming withdrawals and operations, in a statement addressing user concerns amid the platform's current pause. She contrasted Binance's situation with "fraudulent exchanges," P2P platforms, and commercial banks, arguing their opaque ledgers allow operators to abscond with funds without warning, whereas Binance intends to communicate openly and restore access to user funds. The comments, posted on X (formerly Twitter), come as users await clarity on the timeline for resuming withdrawals. The statement did not specify the cause of the security review, the duration of the pause, or any financial figures. Market participants will watch for Binance's next update on the resumption of withdrawals and any disclosure on the security measures being implemented.
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Named in this story
Binance, Yi He