Binance co-founder He Yi said on Aug. 24 that former Binance CEO Changpeng Zhao, known as CZ, does not use WeChat. In her post, she warned that the highly active WeChat group called "Binance Mall" and accounts posing as CZ are fake. According to He Yi, those impostors are using the Binance and CZ names to run offline promotional scam schemes. She urged users to remind one another and stay alert to fraud. The warning was reported by ChainCatcher as a 7x24 newsflash. The notice centers on impersonation risk in WeChat groups rather than any official Binance initiative, and it specifically cautions users not to mistake these accounts or groups for legitimate Binance channels.
ChainCatcher reported on Aug. 24 that Binance co-founder He Yi said CZ does not use WeChat.
She said the highly active WeChat group called "Binance Mall" and accounts posing as CZ are fake Binance and fake CZ operations running offline promotional scam schemes. She urged users to remind each other and stay alert to fraud.
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