According to a breaking claim, the former and legendary CEO of the world’s largest cryptocurrency exchange Binance, Changpeng Zhao (CZ), who is currently in prison in the US, has been banned from the company for life by the company’s management.

Allegedly, the company’s new CEO, Richard Teng, also confirmed this information.

However, it may become clear in the coming days whether Changpeng Zhao will truly leave the company or whether this development is merely a formality and is taking place within the scope of compliance with the US.

*This is not investment advice.