Report post

Who is Binance's Changpeng Zhao?

Who is Binance’s Changpeng Zhao, really? Changpeng “CZ” Zhao, CEO of Binance, photographed in Dubai on March 21, 2023. In the wake of Sam Bankman-Fried’s demise, all eyes are on Changpeng Zhao, the CEO of the biggest and most influential cryptocurrency exchange Binance.

Why did Zhao leave Binance?

Nearly 30 years after fleeing China for the first time, Zhao was forced to depart again. The move hardly slowed Binance’s growth, and by 2021, a peak year for crypto, Binance reportedly handled more than $34 trillion in trading volume.

Who is CZ Zhao?

Changpeng “CZ” Zhao is the founder and CEO of Binance, the world’s largest crypto exchange. On March 27, 2023, Zhao and Binance were both named in a suit brought by the Commodity Futures Trading Commission (CFTC) against the exchange in the U.S. District Court for the Northern District of Illinois.

Is Zhao Changpeng a 'web of deception'?

Zhao Changpeng is accused of operating a "web of deception". (Reuters: Costas Baltas) Mr Zhao installed a tight circle of associates, many of whom had worked or studied in China, into top jobs. Co-founder Yi He now runs Binance's $US7.5 billion ($11.3 billion) venture capital arm, as well as other key departments.

Related articles

Canadian Authorities Initiate New Project to Combat Crypto Fraud

Canadian Authorities Initiate New Project to Combat Crypto Fraud2024-09-06 09:48:40The Alberta Securities Commission (ASC) has collaborate […]

Canadian Crypto Exchanges Faces Deadline For CIRO Membership

Canadian Crypto Exchanges Faces Deadline For CIRO Membership2024-08-06 23:33:50Canadian crypto exchanges face a looming deadline to comply with new regulations, specifically CIRO membership. With the crypto deadline approaching, exchanges are scrambling to adapt and ensure regulatory compliance. The question arises: are Canadian exchanges urgently pursuing regulatory compliance? This article explores the challenges and opportunities facing Canadian crypto exchanges as they navigate the changing regulatory landscape.

Best Ethereum ETFs In Canada For 2024

Best Ethereum ETFs In Canada For 20242024-08-01 02:52:21Discover the top Ethereum ETFs in Canada for 2024, including a comprehensive guide on what Ethereum ETFs are and how they work. Learn about the evolving investments in Ether ETFs like ETHR and CI Galaxy’s ETHX, as well as the purpose and benefits of investing in ETHH. Stay ahead of the curve with our curated list of top Ethereum ETFs for Canadian investors.

Canadian Tribunal Strikes Down Bitfarms’ Poison Pill Against Riot Platforms

Canadian Tribunal Strikes Down Bitfarms’ Poison Pill Against Riot Platforms2024-07-25 15:35:16On Wednesday, Bitcoin mining firm Riot Platforms announ […]

Solana ETFs Could Be Approved Without CME Futures: SOL Price Prediction

Solana ETFs Could Be Approved Without CME Futures: SOL Price Prediction2024-07-21 22:57:17Solana ETFs’ approval prospects and SOL price predictions are gaining momentum, with investors speculating on the potential impact of these funds on SOL’s growth. The outlook is being closely watched, especially during U.S. elections, as market sentiment could shift. While CME futures are not yet a necessity, the ETF approval may serve as a significant catalyst for SOL’s price movement. Stay tuned for updates on this developing trend.

The World's Leading Crypto Trading Platform

Get my welcome gifts