According to BlockBeats, on May 9, Binance co-founder He Yi said on a social platform, "Binance has been monitoring the MM (market maker) market, and it is very strict, but it does not target any fund; there is competition between MMs, the means are very shady, buy PR as you like, Binance will ensure its own fairness and will not participate, but will also report truthfully to the monitor and other regulatory authorities."