Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Can IOTA and ObjectID Eliminate the $450B Counterfeiting Problem?

July 27, 2025

Coinbase’s Bitcoin Cache Hits 2.9M—Here’s Who’s Behind the Stack

July 27, 2025

Ethereum CME Futures Open Interest Hits Record $7.85B

July 27, 2025

How to differentiate NFTs from memecoins

July 27, 2025

No OpenSea deal—Pudgy Penguins says it’s all about partnerships

July 27, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    Ethereum CME Futures Open Interest Hits Record $7.85B

    July 27, 2025

    Remember Akon’s Futuristic Crypto City? Here’s the Brutal Reality After 7 Years

    July 27, 2025

    How Wall Street Killed The Old Cycle–Expert

    July 27, 2025

    Bitcoin Takes a Backseat as Investors Rotate Capital to ETH and Altcoins: CryptoQuant

    July 27, 2025

    Windtree Therapeutics Targets New $520 Million Fund To Boost Holdings

    July 27, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Altcoins » Alarmist talk will not kill Binance, co-founder says
Altcoins

Alarmist talk will not kill Binance, co-founder says

Crypto Observer StaffBy Crypto Observer StaffDecember 10, 2023No Comments3 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

Former TV show host and Binance co-founder, Yi He, took to social media late Saturday to shun off the exchange’s naysayers piling messages of FUD (fear, uncertainty, doubt) on the exchange.

Her comments come on the heels of Binance founder Changpeng Zhao’s recent resignation as CEO and Binance US board chair.

Alarmist talk will not kill Binance, it will only make more people stand with Binance. Because this is an era of highly transparent information, if you want, you can #DYOR!
Technology changes the world. https://t.co/zqieqfvAbb

— Yi He (@heyibinance) December 9, 2023

On X, He shared a screenshot of DeFillama’s CEX transparency chart, which showed Binance sitting atop with the most IOU assets and TVL, at $74.97 billion and $66.9 billion, respectively. She then quoted the X post, beckoning the crypto community to DYOR, or do your own research, “because this is an era of highly transparent information.”

CEX Inflow, Assets and TVL chart. Source: DeFillama.com

“Only those jokers who are mediocre and hopeless for the future need to FUD Binance on Twitter every day to get public attention.”

Binance Co-founder Yi He on X

Although He has reportedly been around the company’s activities since its onset, very little is known about what role she plays in Binance. She has described herself as a “Chief Customer Service Officer,” which vexes customers, as she clearly stated in 2022 that she doesn’t manage the startup’s customer service.

In 2022, Reuters brought to light news of Zhao and Yi He’s romantic involvement, saying the two reportedly have two children together.

Zhao was aggravated by the story, discretely telling Reuters that information about his children is not “in the public’s interest.”

In late November, Binance and Zhao pleaded guilty to money laundering charges filed by the US Treasury Department, Department of Justice, and the Commodity Futures Trading Commission, among other financial authorities. The exchange agreed to pay about $4 billion to clear their name.

According to the U.S. DOJ’s records, the virtual currency trading platform was charged with violating the Bank Secrecy Act (BSA) because it failed to register as “a money transmitting business.”  

Although Zhao had to step aside from his Binance US position, Yi He’s name didn’t appear in any of the financial authorities’ charges. Per Bloomberg, the Binance Co-founder said if the watchdogs deem Binance noncompliant with the present regulations, then there’s “practically no other global trading platform or offshore company is.”

Since the news about Binance’s violations, Binance Coin (BNB) price has dropped by more than 10%, and is now hovering around the $237 to $240 mark.



Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Can IOTA and ObjectID Eliminate the $450B Counterfeiting Problem?

July 27, 2025

No OpenSea deal—Pudgy Penguins says it’s all about partnerships

July 27, 2025

Cardano Innovation Starstream to Get Big Facelift, Here’s What’s Coming

July 27, 2025

Ripple CEO Brad Garlinghouse Explains Why Hidden Road Is Key to DeFi Growth

July 27, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Can IOTA and ObjectID Eliminate the $450B Counterfeiting Problem?

July 27, 2025

Coinbase’s Bitcoin Cache Hits 2.9M—Here’s Who’s Behind the Stack

July 27, 2025

Ethereum CME Futures Open Interest Hits Record $7.85B

July 27, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Remember Akon’s Futuristic Crypto City? Here’s the Brutal Reality After 7 Years

July 27, 2025

How Wall Street Killed The Old Cycle–Expert

July 27, 2025

Bitcoin Takes a Backseat as Investors Rotate Capital to ETH and Altcoins: CryptoQuant

July 27, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.