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Richard Teng A Top Contender For New Binance CEO As CZ Steps Down

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With Changpeng “CZ” Zhao stepping aside as part of a $4 billion settlement, the crypto exchange is considering replacing him with the Binance executive, according to a source familiar.
As crypto leader Changpeng “CZ” Zhao plans to step aside as Binance’s leader to settle charges with U.S. agencies, Forbes has learned longtime executive Richard Teng is being considered to take over the industry’s top job.

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