Changpeng Zhao might return to Binance after changing his X profile from “ex-@binance” to “@binance.”
Binance is nearing a deal to end U.S. DOJ oversight from a 2023 $4.3 billion settlement.
BNB hit a new high of $960, up 5%, with trading volume and futures interest rising.
Speculation is swirling that Changpeng Zhao, or CZ, the founder of Binance. This might be gearing up for a return to the exchange nearly two years after he stepped down in November 2023.
The talk started after CZ updated his X profile, changing “ex-@binance” to just “@binance.”The change comes as Binance is close to wrapping up its legal troubles with the U.S. Department of Justice, potentially lifting restrictions on CZ. Meanwhile, BNB, Binance’s token, jumped 5% to a new all time high around $960.
BNB Hits New High on Word in the Market
The timing couldn’t be better for the rumors. Binance is reportedly negotiating to end a three year compliance oversight from its 2023 settleme
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