Binance Co-CEO Yi He’s WeChat Account Hacked in $55,000 Crypto Scam

Binance co-CEO Yi He became the latest victim of a sophisticated social media hack when cybercriminals took control of her WeChat account on December 9, 2025.

The attackers used her compromised profile to promote a meme token called MUBARA, making approximately $55,000 through a pump-and-dump scheme.

The hack occurred just days after Yi He was promoted to co-CEO alongside Richard Teng during Binance Blockchain Week in Dubai. This timing gave the fraudulent posts extra credibility among crypto traders who trusted her apparent endorsement.

How the Attack Worked

The hackers gained access through an old phone number that was previously linked to Yi He’s WeChat account. In China, telecom companies typically reassign unused phone numbers to…

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