Binance CEO, Richard Teng asserted that the company’s primary focus remains on the interest of its users, along with a stern commitment to compliance and market fairness.

Teng, in highlighting Binance's dedication to adhering to its strict terms of use, revealed that nearly 355,000 users were offboarded over the past three years due to policy violations. The cumulative transaction volume of these users exceeded a massive $2.5 trillion.