Post
Topic
Board Altcoin Discussion
Re: So we got new CEO of Binance
by
cryptomaniac_xxx
on 23/11/2023, 21:31:51 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

What surprises us is how CZ step down, there are huge pressures from regulatory body that made him resigned. So that is the biggest news for us in the last 24-48 hours. But I think Binance is in good hands, I mean this is not the first time that we have seen this kind of movement.

It could be a new beginning for Binance as we look at it, however, I think CZ will come back in any capacity here. And there's none of that power struggle in the top, it's that again there are entities that wanted CZ out of Binance. So by now, he could be in the background but yet for sure we will felt his influence in Binance and we might not know that it was CZ that still making the decision behind.