Former <a href="https://cryptoslate.com/companies/binance/">Binance</a> CEO <a href="https://cryptoslate.com/people/changpeng-zhao/">Changpeng Zhao</a> briefly had his social media profile restricted on X after stepping down from his executive position. 
For a short amount of time on Nov. 23, attempts to access Zhao’s X profile returned a standard restricted account message, which read: 
<blockquote>
 “Caution: This account is temporarily restricted. You’re seeing this warning because they may have potentially violated the X Rules. Do you still want to view it?”
</blockquote> 
It does not appear that X ever fully blocked access to Zhao’s profile, and as of 10:00 p.m. UTC on Nov. 23, his account was fully public once again. 
Zhao <a href="https://twitter.com/cz_binance/status/1727768796931457512">said that</a> he believed that his account was restricted because he changed his profile name. Archived versions of Zhao’s profile suggest that he changed the profile name from “CZ Binance” to “CZ BNB,” reflecting his resignation as Binance CEO. 
That change also reflects Zhao’s continued investment in the <a href="https://cryptoslate.com/coins/bnb/">BNB</a> token. His profile bio now describes him as the co-founder and former CEO of Binance, as well as a “holder of BNB and BTC.” Despite Zhao’s investment in BNB, he has downplayed his involvement in BNB, <a href="https://twitter.com/cz_binance/status/1727396001009566150">writing that</a> the token “doesn’t need a CEO.” 
Zhao additionally addressed X owner <a href="https://cryptoslate.com/people/elon-musk/">Elon Musk</a>, stating that X’s “bot detection [algorithm] needs some work” as the incident shows that anti-bot measures at times target humans instead of bots. Incidentally, Binance and Zhao contributed <a href="https://cryptoslate.com/binance-founder-cz-confirms-500m-equity-investment-to-back-musks-twitter-deal/">$500 million</a> to Musk’s purchase of Twitter in 2022 before Zhao briefly became a victim of the social media platform’s controversial policies this week. 
<h2 id="zhao-faces-criminal-charges-sentencing">Zhao faces criminal charges, sentencing</h2> 
Binance reached multi-billion dollar settlements with U.S. agencies and admitted to criminal allegations starting on <a href="https://cryptoslate.com/binances-new-chapter-begins-with-hefty-fines-and-compliance-commitments/">Nov. 21</a>, ending ongoing investigations. 
Alongside those corporate charges, Zhao personally pleaded guilty and is now on bail after a $175 million bond payment; prosecutors now aim to stop him from leaving the U.S. before he is sentenced in February 2024. Zhao also stepped down from his position at Binance following those charges, <a href="https://cryptoslate.com/binances-changpeng-zhao-pleads-guilty-to-money-laundering-comments-on-resignation/">as reported previously</a>. 
Zhao’s involvement with Binance will also be restricted during the firm’s three-year monitorship, according to The New York Times. However, authorities have not described any specific terms limiting his public activities or social media presence. 
The post <a href="https://cryptoslate.com/changpeng-zhaos-x-account-was-briefly-hidden-following-binance-resignation/">Changpeng Zhao’s X account was briefly hidden following Binance resignation</a> appeared first on <a href="https://cryptoslate.com">CryptoSlate</a>.

Changpeng Zhao’s X account was briefly hidden following Binance resignation

목차

CryptoSlate

2023년 11월 24일에 게재된 다른 기사

Breaking: Montenegro Court Approves Terra Founder Do Kwon’s Extradition

EU's MiCA Legislation Gains Momentum Amidst FTX Collapse and Binance's $4.3B Settlement

Customers left confused as HTX reportedly struggle to resume withdrawals

APR And APY In Crypto: A Complete Guide

BingX Launches Potential Coin Report Featuring $KAS, $ARC20 $ATOM and $BNT

Sam Bankman-Fried’s ‘Mackerel Currency’ Creates A Stir In Prison

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!