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BNB’s Future in Question as CZ Dominates Ownership Amid Legal Woes

BNB’s Future in Question as CZ Dominates Ownership Amid Legal Woes


CoinOtag
2024-06-16 21:02:04

Changpeng Zhao (CZ), the former CEO of Binance, has been sentenced to four months in prison for violating anti-money laundering regulations. Despite his legal troubles, CZ still holds a significant influence on Binance Coin (BNB), which is integral to the platform’s ecosystem. According to Forbes, Zhao retains 64% of BNB’s circulating supply, raising questions about


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