Post
Topic
Board Altcoin Discussion
Re: So we got new CEO of Binance
by
jrrsparkles
on 22/11/2023, 15:47:42 UTC
What a shocking event this morning when CZ resigned as CEO and replaced by Richard Teng as the new CEO. With the SEC plead guilty issue of CZ. Well this si unexpected news knowing CZ built the Binance so strong. Anyway with the new CEO possible new eras and new beggining for Binance.

Check the Binance announcement for complete story.

https://www.binance.com/en/blog/leadership/binance-announcement-reaching-resolution-with-us-regulators-2904832835382364558

This is an act from CZ to save Binance from SEC filings in the future so this won't make any change in the system anyway but I am kind of worried about how the future of the exchange will turn into cause already Binance charged $4.3 billion penalty along with $50 Million for CZ and I don't think the SEC will stop their charges just with this.