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.