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Coin Telegraph

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Binance transition: Examining the internal overhaul since CZ’s arrest

  • Binance has undergone an internal overhaul following the arrest of CEO Changpeng Zhao.
  • Compliance is now a top priority for Binance, with the company investing nearly $200 million in its compliance program over the past two years.
  • The United States Department of Justice settled with Binance, imposing $4.3 billion in fines for regulatory violations.
  • Binance's founder, Changpeng Zhao, has permanently stepped down as CEO as part of the settlement.

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