Analysis News TheBitTimes.com

Former Binance CEO Changpeng Zhao has been branded a “problematic figure in the crypto space” after he was accused of spreading lies and misinformation about the creator of a rival to the controversial memecoin platform Pump Fun. Zhao was called out on the crypto review site Ethos Network after he claimed on X that a fired Binance employee — rumored to be Boop Fun founder Dingaling — had engaged in insider trading and lied about their job credentials.  “There are also former employees who were fired by Binance for insider trading, who claimed to be the founder or CXO of something a few years later,” claimed Zhao in response to a post by MetaEra founder Vito. “Binance has never had any other C-Os except the CEO, CTO, CMO, CCO, CFO, and COO,” he added. Vito claimed the person in question had gained “industry status” with Binance’s help before launching a platform that will “ go back to zero .” Neither post names anybody, however, multiple users...

Former Binance CEO Changpeng Zhao has shared his future plans in his first lengthy tweet since his release from prison after serving a 4-month sentence. “Gm, the food taste so good…,” Zhao said in the Sept. 29 post. ”And what a luxury to be able to have more than one piece of fruit per day!” Changpeng Zhao Taking A Brief Break Before Future Endeavors The billionaire said that he will “chill for a bit” before figuring out what he will do next. He remains optimistic about what the future holds, and believes that the future always offers more opportunities than the past. In the post, he shared that he will be focusing on Giggle Academy , which so far has “been going well.” This educational initiative will be one of his main focuses going forward, with Zhao saying that it will be a “big part” of his life for the next few years. The former Binance CEO will also be dedicating more “time and funding” to charit...

Teng’s focus on regulatory compliance could chart a new course for the exchange amid recent legal upheavals. On November 21, 2023, the operator of the Binance cryptocurrency exchange – Binance Holdings Limited – and its head Changpeng Zhao pleaded guilty to a number of charges brought by American regulators. The founder of the exchange, in turn, left the post of CEO and agreed to pay $50m. His place was taken by Richard Teng, formerly the head of regional markets of Binance. Early years of Richard Teng Teng was born in Singapore in 1971. He obtained a Master’s degree in Applied Finance from Western Sydney University and graduated with honors in Accounting from Nanyang Technological University. Additionally, Teng participated in the Wharton School of Business’s executive education program. 30 years in financial services According to official information, Richard Teng joined the Binance team in August 2021 as the CEO of Binance Singapore...