๐Ÿšจ Breaking News ๐Ÿšจ

๐—•๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ณ๐—ผ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ ๐—–๐—ต๐—ฎ๐—ป๐—ด๐—ฝ๐—ฒ๐—ป๐—ด ๐—ญ๐—ต๐—ฎ๐—ผ ๐—•๐—ฎ๐—ป๐—ป๐—ฒ๐—ฑ ๐—™๐—ผ๐—ฟ ๐—Ÿ๐—ถ๐—ณ๐—ฒ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—ฅ๐˜‚๐—ป๐—ป๐—ถ๐—ป๐—ด ๐—•๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ! ๐Ÿšซ

Following a major legal settlement with the DOJ, Zhao faces:

โš–๏ธ $50M fine

๐Ÿ•’ 4-month prison sentence

Despite this, CZ remains Binance's largest shareholder, giving him a powerful seat at the table. ๐Ÿ’ผ

โžก๏ธ CEO Richard Teng explained that while CZ can't handle day-to-day operations, his influence as a major investor remains:

๐Ÿ’ก Board Nominations

๐Ÿ“Š Company Reviews

๐Ÿ“ Proposing Resolutions

Stay tuned as this unfolds! ๐Ÿ“ˆ

#Binance #CryptoNews #ChangpengZhao #RichardTeng @cz_binance