Binance co-founder He Yi confirmed on X that a former employee was terminated for using a company-issued work computer to download iQIYI, a Chinese video streaming platform. The incident had circulated in online discussions about Binance's internal device management policies and security practices. He Yi acknowledged the event occurred at Binance, stating: "The person who got fired for downloading iQIYI on a work laptop — yes, it was Binance. We own it and pay the price, but it must never happen again." Her remarks came amid broader discussion of the exchange's cybersecurity measures and internal compliance protocols.