Binance, the world’s largest cryptocurrency exchange by trading volume, faces a series of lawsuits as regulatory authorities clamp down on crypto worldwide.
In response to this global challenge, Yi He, one of the most influential Binance executives and co-founders, has decided to address the brewing crisis directly.
Top Binance Executive Breaks Silence
Yi He, a significant figure in the $1.2 trillion crypto market, has largely remained out of the public eye, despite her essential role in the industry. However, with an increasing regulatory onslaught and Binance’s existence at stake, He decided to come forward.
In recent years, Binance has been the focus of regulatory scrutiny. Authorities claim that Binance has operated unlawfully, violated trading rules, and failed to meet compliance standards. Its dominating market share is now at risk, with top executives standing to lose billions.
Yet, Yi He maintains that if Binance is non-compliant, then so are many, if not all, other cryptocurrency exchanges.
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Author: Bary Rahma
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