{"id":7357,"date":"2023-11-28T19:14:48","date_gmt":"2023-11-28T19:14:48","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=7357"},"modified":"2024-03-27T12:51:08","modified_gmt":"2024-03-27T12:51:08","slug":"cz-officially-leaving-binance-us","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/cz-officially-leaving-binance-us\/","title":{"rendered":"CZ Officially Leaving Binance.US!"},"content":{"rendered":"<p class=\"post__title\">CZ Officially Leaving Binance.US!We all know him as <strong>CZ, Changpeng Zhao is leaving his position as chairman of Binance.US.<\/strong> The former CEO of Binance is now facing a serious crime in the United States as part of a settlement with local authorities and regulators.<\/p>\n<p>The former CEO of the major crypto exchange Binance, Changpeng &#8220;CZ&#8221; Zhao, will also resign as chairman of the board of the U.S.-based exchange Binance.US.<\/p>\n<p>In a post to their X accounts on 28 November, Binance.US reminded that they were not a part of the $4.3 billion deal announced on 21 November between U.S. authorities, <a href=\"https:\/\/coinengineer.net\/blog\/whats-polygon-matic\/\">Binance<\/a> and CZ. However, Zhao agreed to leave the exchange. He will <strong>&#8220;no longer be included&#8221;<\/strong> in the management of <a href=\"https:\/\/www.binance.us\/\" target=\"_blank\" rel=\"noopener\">Binance.US<\/a> and will transfer his voting rights through a proxy. As a result CZ Officially Leaving.<\/p>\n<p>In the subsequent post sent from the X account, the following statements were made about the exchange:<\/p>\n<p>The exchange said, &#8220;We are extraordinarily grateful to CZ for his guidance and advice over the years. Binance.US continues to be managed by our current experienced management team, led by Norman Reed.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p dir=\"ltr\" lang=\"en\">We wanted to provide an update to the <a href=\"https:\/\/t.co\/AZwoBOgsqS\">https:\/\/t.co\/AZwoBOgsqS<\/a> community in light of last week\u2019s news regarding CZ and <a href=\"https:\/\/t.co\/IZwa5M2U8b\">https:\/\/t.co\/IZwa5M2U8b<\/a>.<\/p>\n<p>As you know, <a href=\"https:\/\/t.co\/AZwoBOgsqS\">https:\/\/t.co\/AZwoBOgsqS<\/a> was launched with the express purpose of serving United States customers in accordance with all\u2026<\/p>\n<p>\u2014 Binance.US \ud83c\uddfa\ud83c\uddf8 (@BinanceUS) <a href=\"https:\/\/twitter.com\/BinanceUS\/status\/1729530641526435859?ref_src=twsrc%5Etfw\">November 28, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p>You may be interested:\u00a0<strong class=\"darkmysite_processed\" data-darkmysite_preserved_bg=\"rgb(255, 255, 255)\" data-darkmysite_preserved_color=\"rgb(51, 51, 51)\"><a class=\"darkmysite_processed\" href=\"https:\/\/coinengineer.net\/blog\/binance-awaiting-czs-penalty-in-federal-case-must-pay-4-3-billion-dollars\/\" data-darkmysite_preserved_bg=\"rgb(255, 255, 255)\" data-darkmysite_preserved_color=\"rgb(16, 19, 20)\">Binance, Awaiting CZ\u2019s Penalty In Federal Case, Must Pay 4.3 Billion Dollars!<\/a><\/strong><\/p><\/blockquote>\n<hr \/>\n<p><a class=\"darkmysite_processed\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMNzVxQsw__DcAw?ceid=TR:tr&amp;oc=3\" data-darkmysite_preserved_bg=\"rgb(255, 255, 255)\" data-darkmysite_preserved_color=\"rgb(16, 19, 20)\"><em class=\"darkmysite_processed\" data-darkmysite_preserved_bg=\"rgb(255, 255, 255)\" data-darkmysite_preserved_color=\"rgb(16, 19, 20)\"><strong class=\"darkmysite_processed\" data-darkmysite_preserved_bg=\"rgb(255, 255, 255)\" data-darkmysite_preserved_color=\"rgb(16, 19, 20)\">You can follow us on Google News to be instantly informed about our content!<\/strong><\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CZ Officially Leaving Binance.US!We all know him as CZ, Changpeng Zhao is leaving his position as chairman of Binance.US. The former CEO of Binance is now facing a serious crime in the United States as part of a settlement with local authorities and regulators. The former CEO of the major crypto exchange Binance, Changpeng &#8220;CZ&#8221;<\/p>\n","protected":false},"author":1,"featured_media":7356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,2],"tags":[1279,23,2463,2464,2462],"class_list":["post-7357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exchange-news","category-news","tag-changpeng-zhao-cz","tag-cz","tag-cz-resigned","tag-cz-stepped-down","tag-czbinance-resignation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CZ Officially Leaving Binance.US! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"CZ Officially Leaving Binance.US!We all know him as CZ, Changpeng Zhao is leaving his position as chairman of Binance.US.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/cz-officially-leaving-binance-us\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CZ Officially Leaving Binance.US! 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