CZ permanently barred from any involvement in managing Binance, retains voting rights

Oluwapelumi Adejumo

Binance has confirmed that its co-founder Changpeng Zhao (CZ) is permanently barred from managing the crypto exchange. In a Sept. 6 statement to CryptoSlate, the exchange’s spokesperson stated: “Under the terms of the agreement, CZ is prohibited from any present or future involvement in operating or managing the business.” While initial reports suggested CZ could […]

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CZ permanently barred from any involvement in managing Binance, retains voting rights