🚨 Breaking in Crypto: Changpeng Zhao (CZ) Rumored to Return to Binance
Big developments are brewing in the crypto world. According to reports by Wu Blockchain, Binance founder Changpeng Zhao (CZ) has updated his X (formerly Twitter) bio — removing “ex-@binance” and switching back to “@binance.”
This seemingly small move has ignited speculation that CZ may be preparing for a return to Binance.
🔑 Key Context:
▫️ In Nov 2023, CZ resigned as CEO after pleading guilty to U.S. anti-money laundering violations under a $4.3B settlement.
▫️ He personally paid a $50M penalty and was banned from managing or operating Binance.
▫️ Richard Teng has served as CEO since.
🔍 Why It Matters Now:
▫️ Binance is reportedly close to an agreement with the U.S. DOJ to end its 3-year compliance oversight stemming from the 2023 settlement.
▫️ BNB price has surged 5% and hit a fresh all-time high of $960, coinciding with these rumors.
If confirmed, CZ’s return could reshape Binance’s leadership and influence the broader crypto landscape.
#Binance #ChangpengZhao #CryptoNews #BNB #Leadership
https://coingape.com/rumors-hint-changpeng-zhao-cz-is-returning-to-binance-bnb-shoots-5/?utm_source=coingape&utm_medium=linkedin