Ex-Binance CEO CZ’s X account restricted

Ex-Binance CEO CZ's X account restricted


X (formerly Twitter) has restricted the account of ex-Binance CEO Changpeng ‘CZ’ Zhao.
The Binance founder stepped down on Tuesday after pleading guilty to DOJ charges.

Binance founder and former CEO Changpeng ‘CZ’ Zhao’s X account has been restricted. While its not clear why the ex-Binance chief’s X (formely Twitter) is restricted, the move comes as a surprise to many.

On Thursday, US prosecutors wanted CZ prevented from leaving the US for the UAE, with allegations that he was a flight risk. This is after he pleaded guilty to money laundering charges and was released on a $175 million bond.

Binance will also pay a $4.3 billion penalty as settlement with the US Department of Justice (DOJ).

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After he stepped down, CZ was replaced by Richard Teng, the former head of Abu Dhabi Global Market, UAE.

Update:

CZ’s account restriction was due to several name changes, which is what he noted in a comment as he urged against FUD.





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