#Haipo Yang

CoinEx Founder Says Binance’s $6.3B Theft Might Have Been Prevented by Basic Security Controls

CoinEx founder Haipo Yang says basic safeguards around system separation, authentication and withdrawal approvals might have prevented Binance’s $6.3 billion theft. Binance has not confirmed his claims; its account describes a months-long intrusion involving malware, social engineering and stolen credentials.