Changpeng Zhao: Could he save binance US by selling his shares?

With the setbacks that Binance is experiencing in the United States at the moment, strategic choices are necessary. The leaders have already mentioned intentions to relocate the core business of the platform elsewhere. But other, more relevant avenues are being explored.

Reducing Changpeng Zhao’s shares in Binance US: a method of survival?

When the winds are not favorable, the best survival strategy is to adapt intelligently. The American branch of Binance seems to be working to apply this principle to the letter. Indeed, the company has already announced its intentions to relocate to the United Kingdom.

But the project, which if it materializes, would breathe new life into the exchange, is not the only track being considered. According to a source close to the company, the reduction of the shares of the American shareholders of Binance is a considered option.

Binance US: Towards a Restructuring of Shareholder Shares?

This strategic choice would particularly target Changpeng Zhao, the CEO of Binance. To this day, the boss remains the majority shareholder of the company. A position that can easily be interpreted as authoritarianism. Which is not necessarily good for Binance’s image, in this case in the United States.

The idea of ​​the stakeholders is that a reduction in the participation of Changpeng Zhao could be beneficial for the subsidiary. The latter could then restore its image in American public opinion. This is not currently the case with the lawsuits launched against her and the accusations with which she is overwhelmed.

It is true that such a policy could significantly improve the reputation of the exchange with US regulators. What is less known is whether this can be implemented in the current circumstances.

The other big question is how Binance US would go about achieving this. And especially if she would succeed. Because the CEO of Binance would have tried in vain to divest himself of part of his interests in his American subsidiary. It seems that the process did not succeed because it was hampered by the wave of controversy at the center of which Binance US had found itself.

For the moment, the vagueness on this project, which basically does not lack relevance, is therefore total. The company did not wish to communicate on the subject. Perhaps she is refining her strategy to get rid of the crisis she is undergoing?

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