End of an Era at Binance: CZ Published His Farewell Message and New Plans!

Changpeng Zhao, former CEO of Binance, published a farewell message to the company and talked about his future plans.

From social media account speaking Zhao said, “Binance is no longer a baby. “It’s time for me to let him walk and run.” said.

Binance’s former CEO is part of the company’s $4.3 billion US settlement 50 million dollars He agreed to pay a fine and leave the company. Instead of Richard Teng He was appointed as CEO.

Changpeng Zhao, Richard Teng “a very qualified leader” He emphasized that before joining Binance, he held positions such as CEO of Abu Dhabi Global Market Financial Services Regulatory Authority and CRO of Singapore Stock Exchange.

Speaking about the future, Zhao said, “First of all, I will take a break. “In the last 6 and a half years, I have not had a single day completely free.” said.

After this Becoming the CEO of another startup Stating that he did not think so, Zhao said instead blockchain, Web3, DeFi, artificial intelligence And biotechnology He said that he could invest in startups in his fields.

Zhao also stated that in the case, institutions in the USA claimed that Binance misuses users’ money or manipulated the market in the direction of not making any accusations and from this “I’m proud of you” added.


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