Chase, a former member of Binance's listing team, criticized the crypto market's focus on short-term gains during an interview on February 9. He highlighted that the valuation of cryptocurrencies is primarily driven by liquidity, attention, and token structure, which influence asset prices over a 7-day to 3-month period. Chase argued that market makers prioritize short-term profits over long-term value, leading to a lack of long-term investment strategies. He also pointed out that the absence of regulatory classification of cryptocurrencies as securities has allowed for rampant market manipulation, with major players openly controlling prices. In response, Binance co-founder He Yi clarified that Chase was part of the business development team, not the decision-making listing team, emphasizing the separation between Binance's analysis and contract negotiation teams.