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Binance’s Yi He Backs Legal Action Against Sexual Rumors Targeting Women in Crypto

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Cryptocoins News / CryptoNinjas 11 Views

Key Takeaways:

  • Binance co-CEO Yi He announced that its legal team and the company will back female employees subjected to bogus sexual accusations.
  • Her remark included women at Binance, Binance ecosystem projects, industry partners as well as potential competitors.
  • Yi He narrowed it down to a larger problem of gender-based harassment and reputational attacks in crypto.

Binance co-CEO Yi He has publicly criticized sexualised rumours against the women in the crypto sector and stated that Binance will lawfully cover affected female workers.

Her remarks came after several days of speculation online regarding women in cryptocurrency, such as those working within the space, project representatives, and personalities linked to misogynistic allegations that haven’t been verified.

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Yi He Says Binance Legal Team Will Step In

In a Nov. 11 post on X, Yi He said women who appear publicly on behalf of crypto companies can become targets of reputational attacks during commercial competition.

She cited repeated incidents of employees of Binance who have been sharing their photos with sexual rumors and young women who have been working for projects of the BNB ecosystem and cryptocurrency influencers.

Yi He also stated that female traders at rival companies have also been targeted in similar attacks, beyond Binance.

Her most explicit response was that Binance’s legal side would cover those female staff people who are impacted by claims like this. The statement failed to name any individuals or alleges a lawsuit wouldn’t materialise but said which courts may be involved.

Read More: Binance, Deribit Kill SignalPlus API Keys After $82K Social Engineering Breach

Rumors Have Spread Beyond Binance Staff

According to Yi He, the issue has resulted in a cross-chain effect in the crypto industry.

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She stated that despite rumours that incidentally target her position within Binance, some of the female Binance workers have still been active with varying users. She also highlighted women involved in ecosystem-oriented initiatives and business stakeholders who became embroiled in speculations.

She personally had suffered with false accusations when they claimed information about her according to Yi He. But her concern was more about employees whose families and friends might end up facing those allegations online and in the media again and again.

Binance Co-CEO Links the Issue to Workplace Bias

Yi He tied the assaults to larger issues of limitations on women in working places.

She said work is not equal and that when they do get to senior leadership positions, there are additional challenges for women, such as hiring bias and harassment.

If the professional’s performance is assessed without taking into account the gender factor, it is done right by equality, says Yi He.

Yi He is currently listed as a co-CEO and co-founder of Binance, having different responsibilities in the key operational sectors of human resources, marketing communication and customer support.

Her new remarks, then, have an internal office dimension as well as an industry-wide: Binance is claiming that allegations of sexual harassment made against its workers may get treated as a authorized case, as opposed to simply web-based criticism.

Yi He also called for women entrepreneurs to enter Binance in a bid to offer the firm a fair and equitable workplace environment.

Read More: Binance Flags iOS Flaw That Could Expose iPhone Users’ Crypto Wallets and Private Keys

The post Binance’s Yi He Backs Legal Action Against Sexual Rumors Targeting Women in Crypto appeared first on CryptoNinjas.


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