Binance New Co-CEO’s WeChat Hacked to Promote Meme Coin, CZ Warns

Binance’s newly appointed co-CEO has barely settled into the role, but already finds himself at the center of an unexpected cybersecurity scare. According to Binance founder Changpeng “CZ” Zhao, the executive’s WeChat account was hacked and used to blast out promotional messages for a random meme coin — a textbook example of how social-engineering attacks keep evolving in the crypto world.

CZ confirmed the breach publicly, warning users not to trust any token promotions circulating from the compromised account. He emphasized that this wasn’t an inside job or official endorsement but a simple, targeted hack meant to exploit the co-CEO’s reputation and reach. The incident instantly triggered a brief pump in the mentioned meme coin — followed by an equally quick crash once the truth spread.

What makes this troubling is not just the hack itself, but what it signals: even high-ranking executives at the world’s largest crypto exchange remain attractive targets for scammers. And in a market where one misleading message can spark millions in trading activity, verified communication channels are more critical than ever.

Binance says security reviews are underway, and internal systems were not affected. But the message to the community is clear: never trust surprise “CEO endorsements,” especially during a volatile market.