Lawyer Says CZ Won't Return to Binance Amid Ongoing U.S. Scrutiny
Changpeng Zhao (CZ) will not be returning to Binance, his attorney Teresa Goody Guillén said, noting he intends to remain focused on projects outside the exchange. Guillén added that continued U.S. regulatory scrutiny of Binance is effectively preventing Zhao from reentering the company’s leadership. The statement confirms an extended absence for the exchange’s founder as investigations and enforcement actions proceed.
The development matters for Binance’s governance and market perception: without CZ at the helm, the firm must navigate operational and compliance decisions under existing management while legal outcomes remain uncertain. It also underscores how U.S. enforcement actions can reshape leadership roles across the crypto industry. Stakeholders will be watching for further filings, settlement talks, or governance changes that could define Binance’s next chapter.