2023-12-27 13:31:05
For a long time, no one thought that one day it might happen that it would not be Changpeng CZ Zhao Binance crypto exchange manager. However, after reaching a settlement with the US authorities in a case for violating anti-money laundering laws, he resigned from his position. According to the accusations made by the US government, the world’s largest crypto exchange, Binance, may have contributed to the promotion of terrorism, drug trafficking and the avoidance of sanctions. The one who has gotten away with everything so far is Yi He, Binance’s co-founder and number two.
Yi He – the woman who is now moving the strings at Binance
Few people know that she is Zhao’s love and also the mother of his three children. Since CZ resigned, the 37-year-old Yi He has also come out of hiding better and has repeatedly corrected all critics on social media. Not too long ago, Binance’s Chinese users held a public conversation online with the company’s newly appointed CEO, Richard Teng. After Zhao’s departure, Yi He also became the largest shareholder in the company. And he is also in charge of the entire marketing and investment department. He currently lives separately from Zhao, as he is awaiting his sentencing in Seattle, while He is mostly in Abu Dhabi.
On the other hand, Binance, which was punished by the US Department of Justice, is still the largest of the crypto exchanges, which trades billions of dollars every day. Yi He has already exerted his influence in the selection of Binance’s new, largely independent board of directors, mandated by the US authorities. At least that’s what people familiar with the recruiting process said. Among those recently approached by Binance executives for a board position was Ella Zhang, Yi He’s close friend who previously headed Binance’s venture capital division. So it seems that amid the regulatory manhunt against CZ and Binance, new managers who pay more attention to regulators may emerge. And overall, this can even be good for the company in the long run.
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