He Yi pushes for compensation over 'WeChat hacking'…"BNB airdrop for victims"

Source
JOON HYOUNG LEE

Summary

  • He Yi, Binance co-CEO, said he is pushing for BNB airdrop compensation for users who suffered losses from the WeChat account hacking.
  • He said the compensation targets are those who traded meme coins during the hacked time and incurred realized losses, and that the airdrop will be distributed within 24 hours.
  • He Yi emphasized that there will be no similar compensation in the future and urged a cautious approach to the foundation and long-term value of meme coins.
He Yi, Binance co-CEO, is speaking at a press conference of Binance Blockchain Week 2025 held at the Dubai Coca-Cola Arena on the 3rd of this month (local time). Photo = Lee Young-min, BloomingBit reporter
He Yi, Binance co-CEO, is speaking at a press conference of Binance Blockchain Week 2025 held at the Dubai Coca-Cola Arena on the 3rd of this month (local time). Photo = Lee Young-min, BloomingBit reporter

He Yi (He Yi), Binance co-CEO, is pursuing compensation for damages from the WeChat account hacking.

On the 10th (local time), He Yi said via X, "Early this morning, a WeChat account that I hardly used was hacked," and "In the process, some users bought a certain meme coin without much consideration and suffered losses."

He also mentioned a compensation plan. He Yi said, "I will personally prepare some Binance Coin (BNB) and conduct an airdrop to users who traded meme coins during the time the WeChat account was hacked and incurred realized losses," adding, "The airdrop will be fully distributed within 24 hours."

He Yi emphasized, "Neither I nor Binance employees recommend any meme coins." He Yi said, "Such content (meme coins) has no long-term viability and the tokens also lack a foundation to support their price," and added, "In the future, even if similar incidents occur, there will be no compensation payments."

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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