Re: So we got new CEO of Binance

Quote from: cryptoaddictchie on November 22, 2023, 03:24:20 AM

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

At first, I thought it is CZ that owns the exchange Binance. Not until this sudden news of him dropping his position as the CEO.
So what is now the exact future of Binance exchange?
Will this new CEO continue from what CZ started or the new CEO will make his own ways to improve the exchange?

I am totally confused and I am not using the exchange again for now because I don’t normally like trusting them with my privacy because most exchanges promise to give us extra security when it comes privacy but they mostly go against their words which is why they lose their trust.