Binance co-founder He Yi wrote on Binance Square: "2017 was the era of ICOs, where you could make money as long as you got a share. In 2021, with the rise of DeFi, as long as you move fast, you can make money by participating in yield farming. Buying new instead of old is also a typical feature of this period. However, now IEOs are generally considered to have legal risks in most countries, so they can only be airdropped and priced by the market. This means that if there is a large circulation, the opening price of the project will be relatively stable, such as BB and LISTA, but compared to 2021, the rise is still too fast, lacking sufficient washing-out process.

Binance co-founder He Yi stated that there have been occasional heated discussions in the past regarding leaked information about coin listings on Binance. Usually, these discussions involve projects that have not yet released their tokens, and the community's excessive promotion to maintain hype is not uncommon. However, after the announcement of the listing of RONIN and the subsequent price drop, there was a fierce discussion within the community. After an internal investigation, it was found that the integration of public chains for users to retrieve tokens led to the detection of the collection on the chain by external parties. Discussions about RONIN being listed on Binance began within the community, and after careful consideration, the following adjustments will be made:

Binance co-founder He Yi stated that although she has a LinkedIn account, she has forgotten the password and is not responsible for discussing potential listings with project parties. She reminded everyone to be wary of people who claim to have a close relationship with her and discuss investment or listing issues with you.

On January 3rd, it was reported that in the absence of Zhao Changpeng, He Yi became the largest shareholder within Binance, with broad control over its marketing and investment departments. Sources familiar with the board recruitment process stated that He Yi exercised her influence in the election of Binance's new independent majority shareholder board. Insiders familiar with the exchange's financial situation stated that she holds at least 10% of the shares in Binance's Cayman Islands holding company. According to sources familiar with the negotiation situation, during early settlement discussions, the Justice Department had hoped that He Yi would also leave, but it is unclear why this ultimately did not happen. A spokesperson for Binance did not comment on He Yi's role in the case, but stated that the company has acknowledged past mistakes and made improvements. The spokesperson stated that He Yi supported this change.