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Live Updates  >  Live Update Details

2026-11-01 20:06:28

Binance co-founder He Yi responded to conspiracy theories, stating that the platform will gradually restore withdrawal functionality for major cryptocurrencies and that the incident was absolutely not staged. He Yi thanked everyone for their attention, saying that the platform will gradually reopen withdrawal channels for major cryptocurrencies today and will also provide all users with Proof-of-Return (POR) asset verification to facilitate asset verification. Regarding the conspiracy theories circulating online that the incident was staged, He Yi explicitly denied them, stating that Binance needs the cooperation of relevant US agencies to complete asset freezing and fund recovery, and that US law enforcement intervention in such matters is standard procedure.

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