Who is the current “boss” of Binance?

He Yi fills the void left by Changpeng Zhao and solidifies her position as a major stakeholder in Binance.

With control over marketing and investments, Yi Gang played a key role, even influencing the selection of a new majority-owned independent board of directors.

Sources close to Binance Financial’s transactions revealed that Yi Jianlian holds a substantial stake of at least 10% in the Cayman Islands parent company. This significant ownership gives her unparalleled influence over the direction and decisions of the crypto giant.

He Yi holds a significant 10% stake in the Binance Cayman entity

While Binance has acknowledged past mistakes and pledged reforms, He Yi’s exact role in settlement talks with the U.S. Department of Justice remains up in the air. A Binance spokesperson declined to comment on Yi’s involvement but stressed that the company is committed to righting past mistakes.

The emergence of He Yi as a key figure in Binance Group marks a period of change for the exchange. The company continues to work on change under close scrutiny, and Yi’s support shows a united front in pushing Binance toward a more transparent and accountable future.

As Binance navigates this transformational period, Yi’s role as the largest shareholder adds intrigue to the future trajectory of one of the world’s most prominent cryptocurrency platforms.

Join Bitcoin Magazine on Telegram: https://t.me/tapchibitcoinvn

Follow on Twitter (X): https://twitter.com/tapchibtc_io

Follow Douyin: https://www.tiktok.com/@tapchibitcoin

Itadori

According to coincu