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Binance CEO CZ Steps Down Amid $4.3 Billion Criminal Fine In the latest A-lister crypto debacle, Binance founder Changpeng ‘CZ’ Zhao has resigned from his CEO position amid a US Government indictment. Additionally, the company has been dealt a $4.3 billion fine, with CZ also facing potential prison time.
Binance & CZ Sued For Inducing FTX FUD Binance is now facing a class-action lawsuit due to the actions of its CEO Changing Zhao (CZ) in the lead-up to FTX’s collapse in November 2022. The counts relate to violations of federal and Californian laws that fall under the grounds of unfair competi