He Yi warned: Do not transfer dirty, collected-on-behalf, or suspiciously sourced funds into Binance, otherwise they may face law enforcement freezes and the platform has no authority to unfreeze.
Article
[He Yi: Do Not Transfer Tainted or Third-Party Collected Funds to Binance; Unfreezing After a Freeze Is Extremely Difficult]
Binance CEO He Yi stated: Please note that in scenarios such as discounted U from friends, coins sent on-chain by relatives, money from doing business in Myanmar, payments collected in Cambodia, or a friend’s money briefly passing through your account, please do not transfer such funds to Binance. Binance has strict global compliance standards, and such funds are easy for the compliance team to identify; associated addresses are flagged before the dirty money enters Binance. Funds transferred in will face law enforcement freezes. The cases are generally complex and take a relatively long time, and Binance does not have the authority to unfreeze them. Please understand and respect one another.
Key points
01
Binance CEO He Yi stated that you should not transfer discounted U from friends, coins sent by relatives from on-chain, money from doing business in Myanmar, accounts collected in Cambodia, or funds received on behalf of friends through accounts into Binance.
02
He Yi stated that Binance has strict global compliance standards, and the compliance team can easily identify such funds.
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He Yi stated that associated addresses are already flagged before dirty money enters Binance.
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He Yi stated that the transferred funds will face law enforcement freezes, and cases are typically complex with long timelines.
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He Yi stated that Binance does not have the authority to unfreeze.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The core of this warning is: Do not collect funds on behalf of others and then transfer them into Binance, and do not transfer digital assets with unclear origins, obtained at a discount, or potentially linked to illegal activities. He Yi stated that such funds and their associated addresses may have already been identified and flagged, and after deposit they may be subject to law enforcement freezes, while Binance itself cannot unfreeze them.
Why it matters to readers
If users cannot explain the source of their funds, they may face long-term freezes after transferring into Binance. Evidence also indicates that whether to unfreeze is not something Binance can decide on its own.
Before receiving discounted digital assets, collecting funds on behalf of friends or relatives, or handling on-chain transfers of unknown origin, beginners should pay special attention to fund source and associated address risks, and should not assume funds are safe to deposit simply because they have already arrived.
Risks and unknowns
The evidence is a channel's paraphrase of He Yi's statement and does not provide a link to the original remarks.
The evidence does not provide specific freeze cases, scope of application, or appeal procedures.
The evidence does not explain which addresses will be flagged, nor the specific criteria for identification and freezing.
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