Changpeng Zhao Permanently Barred from Running Binance While Maintaining 90% Stake and Voting Power
September 6, 2024 at 11:40 AM GST updated: September 6, 2024 at 01:50 PM 2 mins read News Binance founder Changpeng Zhao is permanently banned from managing the company but retains influence as the majority shareholder. Zhao holds 90% of Binance shares, granting him voting rights on key decisions despite being banned from day-to-day operations….