📣 Binance's former CEO, Changpeng Zhao (CZ), is set to face the music in the US on a felony charge, but it's not all doom and gloom! 😅 Co-founder He Yi assures us that CZ's situation is "largely peaceful" and was anticipated.

Facing up to 10 years in prison, CZ is currently free on a $175-million bond, with travel restrictions. But hey, who needs travel when you've got the internet, right? 🌐

Meanwhile, Binance is doing its own thing, distancing itself from CZ and embracing a new era under Richard Teng's leadership. The exchange even bagged a Virtual Asset Service Provider license in Dubai recently! 🎉

Got thoughts on this? Drop them in the comments! 👇 Remember, in the world of crypto, it's always darkest before the dawn! #cryptonews #Binance #CZ