Binance co-founder He Yi says Binance Square livestream bans were caused by risk controls

He Yi said the platform’s automated review system removed some Binance Square livestreams after detecting no audio or no trading interaction, and the team plans to improve the process to reduce false bans.

Summary

Binance co-founder He Yi said the recent ban issue affecting livestream accounts on Binance Square was caused by the platform’s risk control mechanism. According to her explanation, the system automatically scans livestreams and removes those that show no audio or no trading interaction, which led to mistaken bans in some cases. She added that the team will optimize the review process to reduce erroneous enforcement. The episode highlights how automated moderation systems on crypto platforms can mistakenly affect legitimate creator activity when detection rules are too rigid.

Terms & Concepts
  • Risk control mechanism: An automated control system used by a platform to detect potentially problematic activity and trigger restrictions or removals based on preset rules.
  • Binance Square: Binance’s social content and community feature, where users can publish posts and host livestreams related to the crypto market.
  • Automated moderation: The use of software rules or algorithms to review content and enforce platform policies without full manual review.