CEO Airdrop: Binance Compensates for Social Media Hack and Meme Scam

Binance co-founder, Yi He, has responded decisively to the security incident involving her rarely used WeChat account, which was compromised and used by hackers to promote a fraudulent meme coin. Expressing deep regret for the users who suffered losses due to misplaced trust, Yi He declared her personal commitment to compensate the affected users.

The remedy involves airdropping BNB tokens to users who traded the meme coin promoted on Binance's non-custodial wallet or the Alpha platform during the hacking period and incurred net losses. This move, with the airdrop expected to be distributed within 24 hours, aims to restore user trust. Yi He has clearly warned users not to engage with meme coins endorsed by staff or official accounts, citing their lack of sustainability and long-term price support, and affirmed that this goodwill compensation is a one-time measure. This action underscores the increasing security risks associated with Web2 social platforms interacting with Web3 finance. $BNB