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ETH $2,295.79 -2.76%
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BCH $438.82 -1.59%
LINK $9.13 -2.45%
HYPE $41.65 -5.80%
AAVE $90.27 -19.28%
SUI $0.9371 -2.50%
XLM $0.1695 +0.23%
ZEC $303.18 -6.62%

Zhao Changpeng still retains 90% of Binance's equity but is prohibited from participating in the daily operations of Binance

2024-09-28 17:32:15
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ChainCatcher news, according to an analysis by foreign media DL News, Binance founder Zhao Changpeng has been released after serving four months in prison. Although Zhao was forced to resign as CEO of Binance, he still retains 90% of the equity; however, he will be prohibited from participating in the daily operations of Binance.

In addition, Zhao Changpeng's net worth fluctuates significantly, estimated to be between 30 billion and 6 billion dollars, partly due to the unknown amount of his personal cryptocurrency holdings.

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