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U.S. Regulators Permanently Bar Binance Founder CZ From Returning To Leadership - The Tech Outlook

Summary by The Tech Outlook
Binance founder and former CEO Changpeng Zhao who is currently serving a four-month prison sentence with around 2000 other inmates at Federal Correctional Institution Lompoc II, will not be able to manage the exchange again. This has been reported by the Axios which wrote that Zhao is permanently restrained from managing or operating cryptocurrency exchange for life. It’s normal for someone to ask whether a person with a 90% stake in a company w…
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