Who Is Richard Teng? The Real Reason CZ is leaving Binance
It was announced today in a lengthy post on X platform by the former Binance CEO, CZ that there is a new leadership head that will take over the operations of Binance globally.
This was definitely not the easiest decision for CZ to make as he pointed out in his post “It was not easy to let go emotionally, but binance is not more a baby”
CZ introduced the new Binance ceo, Richard Teng who was formerly the Global Head of Regional Markets as a very qualified leader with more than 3 decades of experience in financial services and regulatory expertise.
In his post, CZ pointed out his confidence in the team to take the crypto industry to the next phase of growth
He also shared that he is open to mentoring new entrepreneurs to be able to know what and what not to do as regards building and growing a start up.
He also debunked some claims posted by popular crypto news information sources and reminded users of the Binance platform that their investments are SAFU
