Former TV show host and Binance co-founder Yi He took to social media on Saturday night to stop detractors of the exchange from piling on FUD (fear, uncertainty, doubt) messages on the exchange.
His comments come on the heels of Binance founder Changpeng Zhao’s recent resignation as CEO and Chairman of the Board of Directors of Binance US.
On He then cited post
“Only those jokers who are mediocre and have no hope for the future need FUD Binance on Twitter every day to get the public’s attention.”
Binance Co-Founder Yi He on X
Although He has reportedly been present in the company’s activities since its inception, very little is known about the role he plays at Binance. She has described herself as a “director of customer service,” which upsets customers, as she clearly stated in 2022 that she does not manage customer service for the startup.
In 2022, Reuters brought to light the news of Zhao and Yi He’s romantic relationship, saying that the two reportedly have two children together.
Zhao was irritated by the story and quietly told Reuters that information about his children is not “in the public interest.”
In late November, Binance and Zhao pleaded guilty to money laundering charges brought by the US Treasury Department, the Department of Justice, and the Commodity Futures Trading Commission, among other financial authorities. The exchange agreed to pay about $4 billion to clear its name.
According to US Department of Justice records, the virtual currency trading platform was accused of violating the Bank Secrecy Act (BSA) because it failed to register as “a money transfer company.”
Although Zhao had to step aside from his position at Binance US, Yi He’s name did not appear in any of the financial authorities’ charges. According to Bloomberg, the Binance co-founder said that if watchdogs find Binance not compliant with current regulations, then “there is virtually no other global trading platform or offshore company that does.”
Since the news about the Binance breaches, the price of Binance Coin (BNB) has fallen by more than 10% and is now hovering around the $237 to $240 mark.
