Binance's co-founder Yi He disputes a user's claim of a $1M loss owing to a security vulnerability. She blames the error on the user's compromised machine rather than the platform's security.

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This occurrence has sparked debate, with trader Nakamao blaming the significant loss on unusual leveraged trades on his compromised account, alleging Binance provided no warning.

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Binance reacts, claiming that a rogue plugin compromised Nakamao's account and emphasizing the quick response to freeze the account upon the alarm. Despite this, they rejected reimbursement, citing the user's culpability for the security breach.

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This event highlights the hidden dangers of cookie plugins and the ongoing necessity for vigilant online security procedures.

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