"CZ will never be able to return to Binance? Wrong!"
This news about CZ has been all over the screen today. As we all know, it is easy to misunderstand news if you only read a fragment. In order to get to the bottom of it, I looked for the source of this news and found it was a paid article.
Link Square is not allowed to post. I spent money to read it for everyone. The summary points are:
"The ban is part of a settlement with US regulators after Binance was subject to legal action for violating the Bank Secrecy Act and other financial regulations. As part of the settlement, Binance agreed to pay a fine of $4.3 billion, and Zhao Changpeng personally had to pay $50 million. Although Zhao Changpeng resigned as CEO and was banned from any executive position, he is still the largest shareholder of Binance, which allows him to retain some influence on the future direction of the company through his appointment to the board of directors.
Despite the legal issues, Zhao Changpeng's wealth is still very considerable, and he has stated that he will invest in blockchain, artificial intelligence (AI) and biotechnology after exiting Binance management."
So, the aircraft carrier Binance is not completely leaving @cz_binance, the helmsman, but CZ can only continue to achieve influence in the future through the participation of people who have appointed him in management.
Of course, the so-called simple remote control behind the curtain will not work to fool the Americans. If he violates this ban, regulators may take further legal action, which may result in additional fines, criminal charges or other legal penalties.
In addition, Binance may also be affected by this. Regulators may strengthen their scrutiny of Binance and may even further restrict its operations in the United States and other markets. If external monitoring agencies find any violations, Binance's compliance issues may escalate again.
Although CZ's will will certainly not run through Binance as before, I personally think that the return of the cousin is still a good thing. Serving as a spiritual leader and being out of the specific things may allow him to find the future development direction from a higher perspective.
Continue to be optimistic about $BNB 's performance after CZ comes out
