CZ Asserts He Will Never Sell His Stake in Binance
Despite receiving a buyout offer for Binance shares, CZ has affirmed that he will never sell. He currently holds up to 90% of Binance's shares.

Cz Asserts He Will Never Sell His Stake In Binance
In an exclusive interview with Bloomberg just before the U.S. presidential election results, former Binance CEO Changpeng Zhao (CZ) shared notable insights. This marked his first interview with a mainstream media outlet since completing his four-month prison sentence at the end of September 2024 for money laundering violations, as per an agreement with the U.S. Department of Justice.

Beyond the prison term, Binance was fined $4.3 billion, and CZ was banned from returning to the company’s leadership for three years. Current CEO Richard Teng even hinted that the ban might be indefinite.

When asked about the possibility of returning to Binance, CZ affirmed:

I don’t think I want to go back. Leading the company for seven years was a memorable journey; it was cha…