In a recent interview, former Binance employee Chase discussed the short-term focus of the crypto market, attributing it to factors like liquidity, attention, and chip structure. He noted that these elements drive asset trends over periods of 7 days to 3 months, with little regard for long-term value. Chase criticized market makers for prioritizing short-term profits, which he believes contributes to widespread market manipulation. Chase also pointed out the lack of regulation in the crypto space, as cryptocurrencies are not yet classified as securities, allowing misconduct to flourish. Binance co-founder Yi He clarified that Chase was a Business Development (BD) staff member, not a Listing Manager, and emphasized the separation between the BD and Listing teams at Binance.