#cz outplayed US authorities by leaving #BinanceCEO position
📌Such stance is voiced by the analyst Cole Garner. According to him, the main threat to CZ used to be SEC and DOJ. While paying $4B fine and standing down from CEO chair, CZ managed to:
- become free of the formal responsibility for Binance and extradition risks;
- move behind the curtains of the company while remaining "free".
"He *was* facing a life constrained by extradition risk. Now he can go anywhere", states Garner. He then adds:
"The most hilarious part: with the biggest threat to the bull now neutralized, Binance is positioned better than anyone to profit off the bull".