Changpeng Zhao (CZ), the founder and former CEO of Binance, stepped down from his position in November 2023 after pleading guilty to a money laundering charge in the United States. He was sentenced to four months in prison in April 2024 and was released in September 2024.

Richard Teng has assumed the role of CEO of Binance. He is a highly experienced leader with a strong background in compliance and regulation.

While CZ is no longer the CEO of Binance, he remains a significant figure in the cryptocurrency industry. He is the founder of Binance and continues to be involved in the company's strategic direction.