Regarding the previous cross-trading incident, Binance co-founder He Yi responded in the X space "Binance Global User Registration Number Breaks 200 Million" AMA that the product was more concerned about user usability and was not strict enough. After the experience and lessons learned this time, the risk control standards and levels have been improved to achieve dual risk control. Compared with other trading platforms, Binance has the strictest risk control, and on the current trading platforms, no one has compensated for losses because the user clicked on the plug-in or his device was hacked. This incident also helped our products to do better; I do not think that "friendly competitors" are committed to stealing.
