{"id":24061,"date":"2025-12-11T18:04:03","date_gmt":"2025-12-11T18:04:03","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=24061"},"modified":"2025-12-11T18:04:05","modified_gmt":"2025-12-11T18:04:05","slug":"binance-co-ceos-wechat-account-hacked-in-memecoin-scam-key-takeaways","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/binance-co-ceos-wechat-account-hacked-in-memecoin-scam-key-takeaways\/","title":{"rendered":"Binance co-CEO&#8217;s WeChat account hacked in memecoin scam: Key takeaways"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"cz-calls-out-web-2-0-vulnerabilities-against-crypto-standards\">CZ Calls Out Web 2.0 Vulnerabilities Against Crypto Standards<\/h2>\n\n\n\n<p>On-chain analyst Lookonchain revealed the mechanics of the scam. The hacker had created two wallets several hours before the hack, evidence of methodical preparation. <strong>The attacker invested 19,479 USDT to purchase 21.16 million MUBARA<\/strong>, building a position at very low prices. Once the WeChat account was compromised, the fraudulent post triggered a surge in the <a href=\"https:\/\/investx.fr\/en\/learn\/crypto\/bitget-token-bgb\/\">token<\/a>, allowing the hacker to profit from market euphoria.<\/p>\n\n\n\n<p>According to on-chain data, <strong>he sold 11.95 million tokens for 43,520 USDT<\/strong>, while retaining <strong>9.21 million MUBARA<\/strong> valued at <strong>$31,000<\/strong>. The total gain reached approximately <strong>$55,000<\/strong>, obtained within a few hours. This scheme perfectly illustrates a classic <strong>market manipulation<\/strong>: discreet accumulation, identity theft as a catalyst, then selling during the peak of retail investor enthusiasm.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Someone hacked <a href=\"https:\/\/twitter.com\/heyibinance?ref_src=twsrc%5Etfw\">@heyibinance<\/a>&#39;s WeChat account, and posted about <a href=\"https:\/\/twitter.com\/search?q=%24Mubarakah&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$Mubarakah<\/a>, sending the token&#39;s price soaring. <a href=\"https:\/\/twitter.com\/cz_binance?ref_src=twsrc%5Etfw\">@cz_binance<\/a><br><br>The hacker created 2 new wallets(0x6739 and 0xD0B8) ~7 hours ago and spent 19,479 <a href=\"https:\/\/twitter.com\/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$USDT<\/a> to buy 21.16M <a href=\"https:\/\/twitter.com\/search?q=%24Mubarakah&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$Mubarakah<\/a>.<br><br>After the pump, the hacker has already\u2026 <a href=\"https:\/\/t.co\/39ncDQjgSe\">pic.twitter.com\/39ncDQjgSe<\/a><\/p>&mdash; Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1998587843711762762?ref_src=twsrc%5Etfw\">December 10, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Changpeng Zhao responded by denouncing the <strong>vulnerabilities of Web 2.0 platforms<\/strong>, which rely on weak authentication mechanisms, particularly phone numbers. In contrast, Web 3.0 systems, based on decentralized models, self-sovereign identities, and multi-signature protocols, offer superior security, although their adoption remains limited, even within the <a href=\"https:\/\/investx.fr\/en\/crypto-news\/\">crypto<\/a> industry.<\/p>\n\n\n\n<p>The irony is notable: <strong>An executive of the largest crypto exchange platform<\/strong> becomes a victim of the same centralized systems that Web 3.0 aims to replace, revealing the gap between decentralized vision and the tools still used daily.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Someone hacked <a href=\"https:\/\/twitter.com\/heyibinance?ref_src=twsrc%5Etfw\">@heyibinance<\/a>\u2019s WeChat account. Do not buy meme coins from the hackers posts. <br><br>Web 2 social media security is not that strong.<br><br>Stay safu!<\/p>&mdash; CZ \ud83d\udd36 BNB (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1998581893424624031?ref_src=twsrc%5Etfw\">December 10, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p><a href=\"https:\/\/t.me\/+z-a5LKRM7HxkNWZk\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Get free trades from a pro on our private group!<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"binance-secures-strategic-license-in-abu-dhabi\">Binance Secures Strategic License in Abu Dhabi<\/h2>\n\n\n\n<p>In stark contrast to the hack, <a href=\"https:\/\/investx.fr\/en\/learn\/crypto\/bnb-binance-coin\/\">Binance<\/a> announced it has obtained a <strong>full ADGM license<\/strong>, becoming the first digital asset exchange to benefit from this authorization. The FSRA has validated Binance&#8217;s operation, which is organized around three entities: <strong>Exchange<\/strong>, <strong>clearinghouse<\/strong>, and <strong>retail broker-dealer<\/strong>. This structure meets the requirements of the regulator, one of the most stringent in the world.<\/p>\n\n\n\n<p>Richard Teng emphasized the importance of this advancement: <strong>&#8220;Holding an FSRA license demonstrates that Binance meets the highest international standards&#8221;<\/strong>, particularly regarding compliance, governance, and risk management. The timing creates a paradox: Binance strengthens its regulatory legitimacy while one of its executives suffers a hack revealing the flaws of traditional tools.<\/p>\n\n\n\n<p><strong>Bitcoin is trading around $91,900<\/strong>, down <strong>1% over the past seven days<\/strong>. The market remained stable despite the incident, proof of <strong>investors&#8217; growing maturity<\/strong> in the face of negative news concerning exchanges.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/QNlPwGma\/\" alt=\"Bitcoin price chart on TradingView showing recent market evolution\"\/><\/figure>\n\n\n\n<p>Last chance! <a href=\"https:\/\/investx.fr\/en\/visit-ledger\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Get $90 in BTC or $50 off when purchasing the Ledger wallet<\/strong><\/a> of your choice. The offer ends soon:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a class=\"https:\/\/investx.fr\/en\/visit-ledger\" href=\"https:\/\/investx.fr\/en\/visit-ledger\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"744\" height=\"418\" src=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/12\/image-15.webp\" alt=\"A smartphone with a Ledger Nano X on a black background for a Black Friday offer\" class=\"wp-image-24144\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/12\/image-15.webp 744w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/12\/image-15-300x169.webp 300w\" sizes=\"(max-width: 744px) 100vw, 744px\" \/><\/a><\/figure>\n\n\n\n<p><strong>Related articles:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/exploring-xrp-stagnation-amid-altcoin-surges-deep-dive-into-ada-eth-explosions\/\">Exploring XRP\u2019s stagnation amid altcoin surges: A deep dive into ADA and ETH explosions<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/can-bitcoin-trigger-bull-run-explore-key-conditions\/\">Can Bitcoin trigger a bull run? Explore the key conditions<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/eth-whales-amass-934000-tokens-in-3-weeks-could-5000-dollars-be-on-horizon\/\">ETH whales amass 934,000 tokens in 3 weeks: Could $5,000 be on the horizon?<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Just a week after being appointed co-CEO of Binance, Yi He is targeted in a sophisticated cyberattack. Her WeChat account was compromised to orchestrate a pump-and-dump scam involving the memecoin Mubarakah. This incident reignites discussions on the security of Web 2.0 platforms, even for prominent figures in the crypto industry.<\/p>\n","protected":false},"author":47,"featured_media":24059,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-24061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Binance co-CEO&#039;s WeChat account hacked<\/title>\n<meta name=\"description\" content=\"Binance Co-CEO Yi He&#039;s WeChat hacked to promote memecoin scam pump-and-dump scheme. 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