Ex-Binance CEO CZ’s X account restricted

• X (previously Twitter) has restricted the account of ex-Binance CEO Changpeng ‘CZ’ Zhao.
• The Binance founder stepped down on Tuesday after pleading responsible to DOJ expenses.

Binance founder and former CEO Changpeng ‘CZ’ Zhao’s X account has been restricted. Whereas its not clear why the ex-Binance chief’s X (formely Twitter) is restricted, the transfer comes as a shock to many.

On Thursday, US prosecutors needed CZ prevented from leaving the US for the UAE, with allegations that he was a flight threat. That is after he pleaded responsible to cash laundering expenses and was launched on a $175 million bond.

Binance may even pay a $4.3 billion penalty as settlement with the US Division of Justice (DOJ).

After he stepped down, CZ was changed by Richard Teng, the previous head of Abu Dhabi International Market, UAE.

Replace:

CZ’s account restriction was as a result of a number of identify modifications, which is what he famous in a remark as he urged in opposition to FUD.

Completely satisfied Thanksgiving! 🦃

No must FUD. All good now. 🙏 pic.twitter.com/IhkSTNwFvi

— CZ 🔶 BNB (@cz_binance) November 23, 2023