Binance Undergoes Leadership Change Amidst DOJ Charges, CZ Steps Down as CEO
In a surprising turn of events, Changpeng Zhao, widely known as "CZ," announced his official resignation as CEO of Binance via Twitter on Tuesday. This development coincides with the United States Department of Justice unveiling charges against Zhao and the cryptocurrency exchange. Stepping into the role of CEO is Richard Teng, the former Global Head of Regional Markets at Binance.
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https://twitter.com/cz_binance/status/1727690145166750044
CZ's Departure and DOJ Charges
The cryptocurrency industry was rocked by CZ's announcement of stepping down from his position as CEO of Binance. The timing of this decision aligns with the United States Department of Justice reve...