TechFlow news, October 11: He Yi posted on social media stating, "Thank you all for your support. Let me reiterate our principles: Binance will handle issues related to Binance. Friends who took advantage of yesterday's low-priced de-pegged assets earned them through staying up late, and we will not reclaim those gains; wealth management users involved with the three de-pegged wrapped assets are being handled progressively; for trading users, we will address one by one any losses or liquidations incurred during platform outages caused by our technical issues.
Some friends enthusiastically relayed information about Binance loss compensation, resulting in a large volume of inquiries. We have activated trainee customer service representatives and used translated cross-language support, which may lead to further backlogs and issues. Let me reiterate: we do not compensate for individual trading losses or unrealized losses arising from price volatility."
