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Changpeng Zhao resigns from Binance US board, transfers voting rights

In its post about CZ’s departure, Binance US listed all the agencies it doesn’t have beef with — but left out the SEC’s enforcement action.

Binance forgot to stick to CZ’s principles — now it owes billions

Binance’s $4.3 billion fine could have been avoided if only it had adhered to CZ’s well-documented recipe for business success.

Nearly $200M in bitcoin has left Binance’s coffers after CZ pled guilty to federal charges. Prosecutors say the ex-CEO is a flight risk.

Binance has pleaded guilty and will pay $4 billion in order to resolve criminal charges and civil suits from the CFTC, OFAC, and FinCEN.