Binance co-CEO Yi He hit by WeChat hack amid growing Web2 risks for crypto execs
Summary
Binance co-CEO and co-founder Yi He reported that her WeChat account was compromised after an old, abandoned mobile number associated with it was seized, making the account unrecoverable. Following the hack, attackers allegedly promoted a token called Mubarakah, netting about $55,000. This incident follows a similar WeChat compromise involving Tron founder Justin Sun in November. In response, SlowMist founder Yu Xuan detailed how WeChat account takeovers can occur with low barriers, often involving reclaiming old, inactive mobile numbers, which are typically reissued quickly in China after account cancellation. He advised high-profile figures to avoid casual contact additions and regularly rotate passwords. Binance co-founder Changpeng Zhao also noted he hasn't used his WeChat account in a long time and warned against promoting memecoin contracts on it, underscoring rising security threats for crypto leaders using Web2 platforms.
(Source:Cointelegraph)