Binance has promoted co-founder Yi He to Co-CEO, joining Richard Teng in shared leadership as the company faces a $1 billion terrorism financing lawsuit and the aftermath of founder Changpeng Zhao’s criminal conviction. This leadership change is a crucial moment for the world’s largest cryptocurrency exchange as it works to repair its reputation following years of regulatory scrutiny. Dual Leadership Structure and Focus Binance announced Yi He’s appointment as Co-CEO. She joins Richard Teng, and together they are tasked with strengthening the company’s regulatory standards and building trust in the digital asset sector
source: https://beincrypto.com/binance-yi-he-co-ceo-legal-shakeup/