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Binance Co-Founder Yi He Warns of 'Zhu Pan' Impersonator; CoinUp Distances Itself

Binance Co-Founder Yi He Warns of 'Zhu Pan' Impersonator; CoinUp Distances Itself

Binance co-founder Yi He warned about an alleged impersonator referred to as 'Zhu Pan' in Chinese-language social media posts. No details about the impersonation were provided.

CoinUp's statement

Crypto platform CoinUp publicly distanced itself from the individual known as 'Zhu Pan'. The company did not explain the nature of any prior association or why it felt the need to clarify its position.

Neither Yi He nor CoinUp described what 'Zhu Pan' was suspected of doing. The exact nature of the impersonation and the reason for CoinUp's statement remain unclear.