According to BlockBeats, on September 28th, Richard Teng, the current CEO of Binance, stated at the Korean Blockchain Week held in Seoul earlier this month: "Compared to when CZ served as CEO, Binance's corporate structure is completely different now, dominated by the board of directors. Of course, CZ retains its shareholder rights as a shareholder, but in daily work, I will work closely with the board of directors to develop our global strategy
Vishal Sacheenran, the current regional head of Binance, stated in a previous interview that "CZ will not participate in any decisions of Binance. Nevertheless, CZ remains the largest shareholder of Binance, holding approximately 90% of the shares
