2024-02-10 15:33:48
A Binance its former CEO broke his silence on X after two months when he wished his followers a happy Chinese New Year on Friday.
In November 2023, the US Department of Justice (DOJ) accused Binance of violating US anti-money laundering laws. Binance agreed to pay a $4.3 billion fine, and the company’s CEO Changpeng Zhao (CZ) resigned and pleaded guilty to charges that Binance failed to operate an effective anti-money laundering program.
Although CZ remained relatively active on social media after the incident, she has not posted at all since December 2023. However, the founder of the stock exchange has resurfaced on X and is happy chinese new year wished everyone before the holiday on February 10, thereby encouraging his supporters.
Happy New Year!
Happy Chinese New Year！— CZ ???? BNB (@cz_binance) February 9, 2024
CZ’s post was positively received by followers
Reactions to CZ’s post were mostly positive, with many wishing him a happy new year. For example, crypto influencer “doncrypto” asked CZ “when are you coming back??”, while AltCryptoTalk CEO Sjuul added to Zhao’s post that “we missed you a lot.”
It’s worth noting that in November 2023, CZ pleaded guilty to a charge of failing to comply with US anti-money laundering laws. Zhao posted $175 million bail to be released ahead of his Feb. 23 sentencing.
However, in December 2023, a federal judge ruled that Changpeng Zhao had not provided convincing “evidence” that he was willing to return to the US for sentencing. Consequently, the judge ordered him to remain in the United States, citing his substantial wealth and lack of American connections.
During that time, CZ was still active on X, posting various messages about stoicism, biotech research, and improving his health and diet, among other things. However, those posts ended on December 9, with a post in which he thanked them for their support amid the legal troubles.
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