Fallen crypto billionaire Changpeng Zhao pushing to re-enter US market

“We cannot comment on hypothetical storylines,” a Binance spokesperson said. “None of these speculative scenarios reflect accurate facts.” Zhao, He and Teng didn’t return requests for comment.

Tearful departure

Since US agencies charged Zhao and Binance two years ago, Binance.US has lost significant ground. At the Binance event in the first week of December, Zhao recalled the firm having 35 per cent market share at one point, a figure that has effectively dropped to zero.

Binance has also been getting closer to World Liberty Financial, a crypto venture co-founded by Trump family members.

Binance has also been getting closer to World Liberty Financial, a crypto venture co-founded by Trump family members.Credit: AP

“When I stepped down as Binance CEO I actually cried,” Zhao said at the Binance event. “It took me a little bit to get over…

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