Who Is Yi He, the Queen of Binance?

Binance is still the world’s largest crypto exchange, but last year was anything but tranquil at the firm. A yearslong federal investigation into Changpeng Zhao, its co-founder and then-CEO, resulted in Binance paying billions of dollars in fines and Zhao stepping down as CEO. He pleaded guilty to violating anti-money laundering laws and now faces possible prison time. But remaining at the company is Yi He, who is Binance’s co-founder, one of its largest shareholders and Zhao’s romantic partner. WSJ reporter Patricia Kowsmann joins host Alex Ossola to talk about He’s background and management style, and what that could mean for the future of Binance.

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Binance is still the world’s largest crypto exchange, but last year was anything but tranquil at the firm. A yearslong federal investigation into Changpeng Zhao, its co-founder and then-CEO, resulted in Binance paying billions of dollars in fines and Zhao stepping down as CEO. He pleaded guilty to violating anti-money laundering laws and now faces possible prison time. But remaining at the company is Yi He, who is Binance’s co-founder, one of its largest shareholders and Zhao’s romantic partner. WSJ reporter Patricia Kowsmann joins host Alex Ossola to talk about He’s background and management style, and what that could mean for the future of Binance.

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