Can CZ return to the helm of Binance after serving his sentence at the end of the month?
Can CZ return to the helm after being released from prison?
Binance has imposed a lifetime ban on its former CEO Changpeng Zhao (CZ) from managing or operating the company. However, as the major shareholder of the company, Zhao Changpeng still holds considerable influence.
Binance founder Zhao Changpeng (CZ) will be released from prison at the end of the month, and the community is hoping that CZ's release from prison will bring some favorable changes to Binance, becoming a big boon for Binance and BNB tokens. However, according to foreign media Axios, Richard Teng, the CEO of Binance, confirmed that in the plea agreement reached between Binance and the US Department of Justice (DOJ) in November, it was explicitly stated that Zhao Changpeng would be "permanently banned" from managing or operating the company.
According to Richard Teng, although Zhao Changpeng is permanently banned from participating in the daily management of the company, as the largest shareholder, he still retains all shareholder rights. He can make decisions based on the company's performance and has the right to nominate or replace board members and CEO. Previously, Zhao Changpeng was the only board member of Binance, but according to the plea agreement, Binance has now increased to seven board members.
However, although Zhao Changpeng is prohibited from participating in daily management activities, his rights as a shareholder still raise questions about whether he can provide advice to senior management as an advisor.
Has the settlement agreement not completely blocked the possibility of return?
However, although the CEO of Binance has denied the possibility of CZ returning to take charge of Binance, Daniel Richman, a professor at Columbia Law School and former federal prosecutor, pointed out that the settlement terms reached between the Department of Justice and Binance did not explicitly prohibit the company from allowing Zhao Changpeng to return to the CEO position in the future. The ban is listed as a "consideration factor" in the agreement in the document, rather than a mandatory requirement, indicating that the agreement has not completely blocked the legal path for Zhao Changpeng to return to the position of CEO. Daniel Richman stated:
The key is to include a clause that prohibits Binance from allowing him to come back and allows the government to accuse the company of breach of contract if it does so. However, such a clause did not appear in the agreement
However, in the coming years, under close supervision by US regulatory agencies, the relationship between Binance and Zhao Changpeng will still be further tested. Yadav, a law professor at Vanderbilt University, believes that if Zhao Changpeng attempts to re intervene in company affairs, he will face great risks, which may trigger further investigations by regulatory agencies.
(责任编辑:现货金)
- ·自己电脑做挖矿钱包
- ·Strategy 的 Michael Saylor 用四句话预测比特币 (BTC) 的未来
- ·脑钱包导入钱包
- ·日本汽车制造商因美国关税面临巨额损失,总额或达190亿美元
- ·顶级分析师称 XRP 是一个绝佳机会:原因如下
- ·数字钱包的特性如何-数字钱包的特性如何描述
- ·香港什么特产什么特产-香港什么特产什么特产最出名
- ·BitMEX 創辦人 Arthur Hayes 空單獲利了結,看好美國印鈔推動比特幣上漲
- ·火币网你
- ·安币添加钱包地址-安币添加钱包地址怎么设置
- ·寒带具有什么什么现象-寒带的现象是什么
- ·Uniswap 第一季度营收 1.4 亿美元,承诺提供 1240 万美元新拨款
- ·Renowned trader Anselm switching from playing fan fiction to promoting Sonic (formerly Fantom)? AC and Monad team members have an online dispute
- ·人人贷需要什么条件?我想在人人贷上申请贷款。
- ·股份支付为什么计入资本公积
- ·什么是bts
- · okx网页版
- · 亿欧交易所下载
- · ok币
- · 欧易交易所 电脑
- · 欧易开户
- · 十大虚拟货币交易平台app
- · 数字货币交易平台app
- · 0kx交易所官网
- · 欧易app官方下载入口
- · 虚拟货币交易平台排名