Binance Appoints Cofounder Yi He as Co-CEO
Leadership Change at Binance: Binance has appointed co-founder Yi He as co-CEO alongside Richard Teng, marking a significant leadership shift as the exchange approaches 300 million users globally.
Focus on Regulatory Compliance: Richard Teng emphasized the importance of Yi's role in product strategy and company culture, as Binance aims to become the most trusted and regulated exchange in the world.
Yi He's Vision for the Future: Yi expressed her commitment to leading the company through a pivotal time, focusing on user growth, product development, and sustainable innovation in the Web3 ecosystem.
Changpeng Zhao's Legal Troubles: Former CEO Changpeng Zhao resigned after pleading guilty to violations related to anti-money laundering, receiving a four-month prison sentence, and later being pardoned by President Trump in 2025.
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