He Yi Warns CZ Does Not Use WeChat, Beware of Scams

Impersonation scams targeting crypto founders are a persistent feature of the industry, and the choice of platform matters: WeChat's closed ecosystem and limited public verification make it harder for users to confirm identity than open channels. The warning is aimed at Binance's Chinese-speaking user base, where WeChat remains a primary communication tool. Whether scam accounts impersonating high-profile figures continue to proliferate across messaging apps, and how platforms respond, is the open question.