Crypto giant Binance appoints co-founder He Yi as co-CEO
Binance Holdings named co-founder He Yi as co-CEO in the biggest change to its top leadership since Zhao Changpeng stepped down from running the cryptocurrency exchange two years ago.
She will share the title with Richard Teng, who succeeded Zhao as CEO of the world’s largest crypto trading venue in November 2023. Zhao, who resigned after pleading guilty to anti-money-laundering and sanctions violations, and He have children together.
Zhao was pardoned by US President Donald Trump in October, removing some of the regulatory overhang that had dogged the billionaire and the exchange he started for years. Analysts have said the pardon could make it easier for Binance to consolidate its US operations, which remain structurally separate from…
