Teng was quickly appointed CEO this week after Binance s founder Changpeng Zhao pleaded guilty to breaking US anti-money laundering laws, part of a $4.3 billion deal to resolve a years-long US investigation.
Spiralling compliance costs,
ongoing legal headaches and a shrinking share of the market:
Binance s new chief Richard Teng faces daunting challenges in
turning a new leaf for the world s biggest. -November 24, 2023 at 08:46 am EST
- MarketScreener
LONDON : Spiralling compliance costs, ongoing legal headaches and a shrinking share of the market: Binance's new chief Richard Teng faces daunting challenges in turning a new leaf for the world's biggest crypto exchange. Teng was quickly appointed CEO this week after Binance's founder Changpeng Zhao plead