CZ, the founder of Binance
CZ, founder of Binance, is stepping down.
  • Crypto exchange Binance has been under scrutiny from US regulators for a while.
  • "CZ," Binance's founder, will plead guilty, to anti money-laundering violations and will step down, the WSJ reported.
  • He tweeted two days ago about Sam Altman's situation at OpenAI. It seems prophetic now.

Two days ago, Changpeng Zhao — the man who founded crypto exchange Binance and who's known as "CZ" — tweeted about Sam Altman's current predicament with a strangely prophetic line:

"Knowing when to let go control of a company you founded is one of the trickiest decisions."