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Binance’s Yi He Says Judicial Freezes Follow Standard Financial Practice

Yi He, co-founder of Binance, said on November 13 that judicial asset freezes are something financial institutions cooperate with as a matter of course, responding to rumors that Binance freezes user assets to sustain itself. She said the relevant case is already in litigation and that the evidence trail is clear, and noted that Southeast Asian compounds carry strong influence on social media.

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