CZ may be unable to hold any leadership positions at Binance for life
According to Wacherguru, the current CEO of Binance, Richard Teng, said that CZ's departure from Binance is effectively a "lifetime ban". In fact, according to a previous report by Axios, CZ has been banned from any leadership positions at Binance, and although there is a small chance of his return, he may still return to the platform at some point in the future. However, this may not be the case now. Richard Teng pointed out that CZ's lifetime ban was a key condition of Binance's settlement with the Department of Justice, and the cryptocurrency exchange was also ordered to pay a fine of more than $4 billion.