A billion-dollar fortune at risk: Binance France removes Changpeng Zhao as sole shareholder

Anna Kharton

Binance France, the French subsidiary of the largest cryptocurrency exchange, has wholly stripped company founder Changpeng Zhao of his shares. According to French rules, a company’s majority shareholder cannot be a criminal. Thus, Binance France’s decision is intended to ensure…

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A billion-dollar fortune at risk: Binance France removes Changpeng Zhao as sole shareholder