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In the latest development involving Changpeng Zhao (CZ), founder and former CEO of Binance, it has been announced that he has decided to resign as Chairman of the Board of Directors of Binance.US.
Binance.US Affirms Independence From Enforcement Matters
As announced, Binance.
According to a Reuters report, former Binance CEO Changpeng Zhao, commonly known as CZ, must remain in the United States for the time being, as stated by a federal judge on Monday.
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In a recent blog post, Richard Teng, the newly appointed CEO of Binance, shared his vision for the future of the crypto exchange following the departure of Changpeng Zhao (CZ). Teng expressed his commitment to maintaining Binance’s core principles while driving growth and innovation.
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In a scathing critique, former US Securities and Exchange Commission (SEC) official John Reed Stark has brought attention to the alleged criminal violations of cryptocurrency exchange Binance and its CEO, Changpeng Zhao (CZ).
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According to on-chain data platform Lookonchain, an unnamed crypto whale known for well-timed Ethereum (ETH) trades in the past, has purchased an additional $5.53 million worth of ETH on Binance amidst turbulent market conditions.
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