Could you please clarify who exactly holds the ownership of the Binance wallet? Is it an individual, a group of people, or a legal entity? And if so, is there any public information available about their background or credentials? Additionally, how does Binance ensure the security and safety of its wallet, especially given the high value of cryptocurrencies it holds? I'm interested in understanding the ownership structure and security measures in place to protect the funds of its users.
7 answers
Chiara
Thu Oct 10 2024
Born of Chinese heritage and raised in Canada, CZ honed his skills in the crucible of Wall Street, where he crafted high-frequency trading systems for the elite traders known as 'flash boys.'
henry_miller_astronomer
Thu Oct 10 2024
His expertise in the intricate world of finance and technology served as a solid foundation for his foray into the burgeoning cryptocurrency industry.
CryptoMagician
Thu Oct 10 2024
Recognizing the immense potential of digital currencies, CZ embarked on a mission to revolutionize the cryptocurrency exchange ecosystem by launching Binance in 2017.
DongdaemunTrend
Thu Oct 10 2024
Changpeng Zhao, widely known as CZ, stands as the visionary founder and former chief executive officer of Binance, the undisputed leader in the
cryptocurrency exchange landscape.
DiamondStorm
Thu Oct 10 2024
Binance's inception was marked by a groundbreaking initial coin offering (ICO) that garnered a staggering $15 million in funding, underscoring the confidence investors had in CZ's vision and leadership.