Binance Responds to the Next CEO Rumors, Says Its Media Speculation

Binance Responds to the Next CEO Rumors, Says Its Media Speculation

Binance has responded to the recent media rumors about the next CEO.
The exchange branded the rumors as media speculation.
The SEC filed a lawsuit against the exchange and CZ.
Recent reports from Bloomberg have generated speculation regarding the potential appointment of Richard Teng as the CEO of the global crypto exchange Binance. Richard Teng, who has recently been appointed as the regional head for all Binance markets outside the United States, has seen his name linked to the CEO position.
However, Binance swiftly responded to these reports, categorizing them as mere speculation. Richard Teng, a 52-year-old Singaporean, has a notable background, including senior management roles at the Monetary Authority of Singapore for 13 years and in the Abu Dhabi Free Trade Zone. With his extensive experience in compliance roles, Teng emerges as a noteworthy candidate for leadership in an industry that is increasingly subject to regulatory scrutiny.

Bloomberg reported that Richard Teng, the r

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