Shocking Twist: Did CZ Secretly Return to Binance After Profile Change?

Sean Williams
BinanceUS

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  • CZ quietly changed his X bio back to “@binance,” sparking speculation.
  • He remains barred from managing Binance despite owning 90% of it.
  • No confirmation yet that he plans to return to an operational role.

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Changpeng “CZ” Zhao has reignited speculation about a possible return to Binance after quietly changing the “ex-@binance” tag on his personal X profile back to “@binance.” While no official confirmation has been made, the subtle move has stirred curiosity across the crypto community and raised questions about his future role at the exchange.

Binance’s Rocky Past Still Looms

CZ’s shift in bio comes less than a year after a turbulent chapter for both him and Binance. In 2023, the company faced major legal trouble over Anti-Money Laundering (AML) violations. CZ admitted to failing to implement an effective AML program, breaching the Bank Secrecy Act and the International Emergency Economic Powers Act.

Binance paid a staggering $4.3 billion in penalties, while CZ personally faced a $50 million fine. He stepped down as CEO, and Richard Teng assumed leadership. CZ served four months in a low-security U.S. federal prison before moving to a halfway house, ultimately being released in September 2024.

Lifetime Ban Still in Place

Despite still owning about 90% of Binance, CZ was barred from managing or operating the platform. Teng confirmed last year that this restriction was permanent. Since his release, CZ has focused on building Giggle Academy, an education startup, and has appeared at industry events alongside prominent figures like Circle’s Jeremy Allaire and Dubai Future Foundation’s Khalfan Belhoul.

Also Read: BNB Hits $907: Binance Coin Surges Ahead of Upcoming Q3 Token Burn

Signal or Simple Gesture?

The profile change may simply be symbolic, reflecting CZ’s enduring ties to Binance as its founder and majority owner. Still, the timing has fueled speculation about whether he could be positioning himself for a comeback or quietly reasserting influence. For now, no evidence confirms his return to an operational role.

CZ’s bio update has sparked more questions than answers. Whether it signals an actual return or just nostalgia remains unclear. The coming days will determine if this was a passing gesture—or the start of something bigger at Binance.

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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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