Nansen posted on the This is not the first time Binance has dealt with large-scale capital outflows.
According to previous news, CZ said that Richard Teng will take over as CEO of Binance. I plan to devote myself to passive investment in areas such as blockchain, Web3, DeFi, artificial intelligence and biotechnology after a short break. "Can't imagine being the CEO of a startup again. In the future I might be willing to mentor a handful of entrepreneurs privately, or at least tell them what not to do."
At the same time, CZ emphasized that the settlement reached with US regulators did not accuse Binance of misappropriating user funds or manipulating the market. He looked forward to the new leadership leading Binance into a new chapter and congratulated Richard Teng on his promotion.