[CZ may be unable to hold any leadership position in Binance for life] Golden Finance reported that according to Wacherguru, Binance’s current CEO Richard Teng said that CZ’s departure from Binance is actually a “lifetime ban”. In fact, according to a previous report by Axios, CZ has been banned from holding any leadership position in Binance. Although the possibility of his return is small, he may still resume his position on the platform at some point in the future. However, this may not be the case now. Richard Teng pointed out that CZ’s lifetime ban was a key condition for Binance to reach a settlement with the U.S. Department of Justice. In addition, the cryptocurrency exchange was ordered to pay a fine of more than $4 billion.