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crypto

Binance.US Exploring Lowering Founder Changpeng Zhao’s Majority Stake

By
Aidan Ryan
· · Source: The Information

Binance.US and its founder Changpeng Zhao are exploring ways to lower his stake in the crypto exchange, The Information reported on Thursday , citing two people familiar with the matter. Zhao has been trying to sell part of his stake since last summer, one of the people said. And in recent weeks, Binance.US executives have discussed whether reducing Zhao’s stake might help its standing in the...

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