Changpeng Zhao Resigns as Binance CEO, Richard Teng Steps Up Amid $4.3 Billion Fine for Regulatory Violations
In a pivotal leadership transition at Binance, the foremost crypto exchange globally, Changpeng “CZ” Zhao has resigned as CEO after admitting guilt to charges in the U.S., making way for Richard Teng’s ascendancy. Previously a regulator in Abu Dhabi, Teng was appointed in June to manage Binance’s regional operations outside the U.S. His rise to […]
