According to BlockBeats, on September 28, Richard Teng, the current CEO of Binance, said at the Korea Blockchain Week held in Seoul, South Korea earlier this month: "Compared to when CZ was the CEO, Binance's company structure is completely different now. It is a board-led structure. Of course, CZ retains his shareholder rights as a shareholder, but in my daily work, I will work closely with the board of directors to develop our global strategy."

Vishal Sacheendran, the current regional head of Binance, said in a previous interview: "CZ will not participate in any decision-making of Binance. Despite this, CZ is still the largest shareholder of Binance, owning about 90% of the shares."