June 8, 2025

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

1 min read

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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Source: CoinOtag

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