CZ posted on the X platform that he has resigned as CEO of Binance and will be replaced by Richard Teng, former global regional marketing director of Binance. CZ said that in the past six and a half years, he has led Binance to achieve rapid growth. In the future, he will make some passive investments and become a minority token/shareholder of startups in the fields of blockchain/Web3/DeFi, AI and biotechnology. At the same time, CZ emphasized that in the resolution with Binance, the US agency did not accuse Binance of misappropriating any user funds or participating in any market manipulation, and user funds are safe.
