Binance's CZ: 'I Made Mistakes', Confirms Richard Teng Will Takeover as CEO - Decrypt


21 Nov 2023 8:44 PM

Binance founder Changpeng Zhao has resigned as CEO, and confirmed that Richard Teng will take over the role....

  • Binance founder Changpeng Zhao (CZ) has resigned as CEO of Binance.
  • The United States Department of Justice has announced charges against Zhao and the exchange.
  • Zhao takes responsibility for his mistakes and believes this is best for the community, Binance, and himself.
  • Richard Teng, previously Binance's Global Head of Regional Markets, will become the new CEO.

The sentiment in the article is negative, as it discusses the resignation of the CEO and the charges announced by the United States Department of Justice.

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You May Ask

Who has resigned as CEO of Binance?What charges have been announced against Changpeng Zhao and Binance?Why did Changpeng Zhao decide to resign?Who will be the new CEO of Binance?How will this resignation and charges impact the Binance community?

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