Cobo Senior Vice President: Exchanges and wallets should guide retail investors to maintain risk awareness at all times

Cobo Senior Vice President Li Yao stated at the “World Digital Mining Conference” online video summit against the “312 Black Thursday Follow-up Impact” proposed by the host that during the deleveraging process, the quantified team losses were relatively heavy, and the risk control level should be emphasized. For Cobo and Cobo partners, there is a need for a multi-level risk control system to hedge risks and high liquidity in transactions. Secondly, financial instrument products need to be constantly polished. In addition, wallets and exchanges should guide retail investors to maintain risk awareness at all times.