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Yi He
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Some clarifications and reflections on Labs
1. The relationship between Labs and Binance
1. Binance labs has been renamed as Yzi labs and operates independently. Ella Zhang is the person in charge and CZ directly manages Labs. Currently, there are thousands of projects invested in, and only a very small percentage of the projects are listed on Binance. From the first day of the establishment of Labs, these are two completely independent teams, making independent decisions.
2. The coins listed on Binance are isolated by layers of firewalls, but one thing that is undeniable is that if Binance is willing to give a certain amount of coins as airdrops to users, it will serve as a reference indicator.
3. Labs staff and public investment project information, as well as the names of other investors in the market. Investment information is basically public information in the market. If there is a record of bribery, we welcome evidence and public supervision. If any Binance or Binance-related employee asks for money, shares, or tokens from any project or partner, we will definitely send them to jail and ruin their reputation.
1. Binance labs has been renamed as Yzi labs and operates independently. Ella Zhang is the person in charge and CZ directly manages Labs. Currently, there are thousands of projects invested in, and only a very small percentage of the projects are listed on Binance. From the first day of the establishment of Labs, these are two completely independent teams, making independent decisions.
2. The coins listed on Binance are isolated by layers of firewalls, but one thing that is undeniable is that if Binance is willing to give a certain amount of coins as airdrops to users, it will serve as a reference indicator.
3. Labs staff and public investment project information, as well as the names of other investors in the market. Investment information is basically public information in the market. If there is a record of bribery, we welcome evidence and public supervision. If any Binance or Binance-related employee asks for money, shares, or tokens from any project or partner, we will definitely send them to jail and ruin their reputation.
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entering a new market is also a novice...
TPO - A resident in Binh Thuan has deposited over 12.5 billion VND into the Coin exchange and the Coin e-wallet to invest in cryptocurrency but discovered that he had lost everything when trying to withdraw money.
On December 17, the Criminal Police Department of Binh Thuan Province reported that it had just received a complaint from a citizen about being defrauded of over 12 billion VND while participating in cryptocurrency investment through the exchange and e-wallet.
According to the victim's account, around the beginning of 2024, a Facebook account impersonating a person named Dinh Thai Chau befriended the victim and lured him into investing in cryptocurrency through the Coin exchange.
First, the suspects redirected the victim to contact them via the Telegram application to avoid being traced, then used enticing language such as high profits, safety, and quick wealth accumulation⌠to convince the victim, who naively invested money according to their requests and guidance.
The Binh Thuan Provincial Police advised the public to be cautious when participating in financial investments through financial applications and international exchanges.
Later, Dinh Thai Chau persuaded the victim to install additional features in the Coin e-wallet to supplement certain cryptocurrency investment functions, such as quantum AI investment contracts, loans, deposits, withdrawals⌠However, in order to withdraw and deposit money, everything had to go through the customer service system that was part of the fraud scheme.
In this case, the victim was lured into participating in cryptocurrency loan activities for investment purposes, meaning he had to deposit a certain amount referred to as collateral into the exchange account to be able to borrow and invest.
On December 17, the Criminal Police Department of Binh Thuan Province reported that it had just received a complaint from a citizen about being defrauded of over 12 billion VND while participating in cryptocurrency investment through the exchange and e-wallet.
According to the victim's account, around the beginning of 2024, a Facebook account impersonating a person named Dinh Thai Chau befriended the victim and lured him into investing in cryptocurrency through the Coin exchange.
First, the suspects redirected the victim to contact them via the Telegram application to avoid being traced, then used enticing language such as high profits, safety, and quick wealth accumulation⌠to convince the victim, who naively invested money according to their requests and guidance.
The Binh Thuan Provincial Police advised the public to be cautious when participating in financial investments through financial applications and international exchanges.
Later, Dinh Thai Chau persuaded the victim to install additional features in the Coin e-wallet to supplement certain cryptocurrency investment functions, such as quantum AI investment contracts, loans, deposits, withdrawals⌠However, in order to withdraw and deposit money, everything had to go through the customer service system that was part of the fraud scheme.
In this case, the victim was lured into participating in cryptocurrency loan activities for investment purposes, meaning he had to deposit a certain amount referred to as collateral into the exchange account to be able to borrow and invest.
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