The former CEO of the cryptocurrency exchange Binance, Changpeng Zhao, sent a letter to the company’s employees after his dismissal. This was reported by Wu Blockchain with reference to the note.
Exclusive: Binance founder Zhao Changpeng CZ issued an internal letter saying “I will have to deal with some pain, but will survive”, quoting Star Trek (2009) , “l need everyone to continue performing admirably”. pic.twitter.com/m9w4hywIPm
— Wu Blockchain (@WuBlockchain) November 22, 2023
Zhao added that everything will be fine with Binance. He said the company will have to endure some pain, but it will survive. CZ also said that there will be changes in the structure, but it won’t be too bad.
In addition, he called for Richard Tang to help step into his new role as CEO of Binance.
On November 21, Binance and its founder were found guilty of a number of charges. Zhao resigned as head of the company and will pay a separate fine. He is out on $175 million bail and can leave the country, but must return two weeks before sentencing.
Source: Cryptocurrency
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