Binance Co-Founder Denies Rumors of Company's Plans to Build Blockchain Country on Private Island

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Co-founder of Binance crypto exchange He Yi has dismissed the sci-fi-esque claims of a Chinese fintech media platform that his company has hatched a so-called “Genesis Plan.” The plan was to build Binance’s own blockchain-powered country on a private island, QQ News reports Wednesday, May 16.

The fintech media outlet, ‘Yibencaijing,’ reportedly a reputable platform, cited “insider sources familiar with the matter,” to corroborate its story. The sources allege that the company has already “bought an island” and has exciting

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