Sign Up on MEXCRumors Hint Changpeng Zhao (CZ) Is Returning to Binance, BNB Shoots 5%
Highlights
- Changpeng Zhao changed his X profile bio from @ex-binance to @binance, nearly two years after stepping down.
- The rumors surface as Binance is reportedly close to a deal with the U.S. Department of Justice (DOJ) to remove the compliance oversight.
- BNB price rallied 5% to a new all-time high of $960, with futures open interest climbing above $1.83 billion.
Speculations are ripe that Binance founder Changpeng Zhao (CZ) could soon be making a comeback to his company, nearly two years after stepping down in November 2023. Now that the Binance lawsuit is officially over, CZ could be eyeing to take charge of the company once again and steer further growth. BNB Coin reacts to the news with 5% upside and hits a new all-time high at $960 levels.
Changpeng Zhao (CZ) Hints at A Return to Binance
In a strong observation, crypto journalist Wu Blockchain reported that CZ has changed his profile on X platform, changing the description from “ex-@binance” to “@binance.” The move has fueled speculation that Zhao may be preparing for a possible return to the exchange. Interestingly, this development comes at a time when Binance has been nearing a deal with U.S. Department of Justice (DoJ) to end compliance oversight on its lawsuit.
Back in November 2023, Changpeng Zhao resigned and pleaded guilty to violating U.S. anti-money laundering laws as part of a $4.3 billion settlement. As part of the deal, CZ had to personally pay a penalty of $50 million.
Since then, he has been banned from managing or operating the exchange, as Richard Teng took charge as Binance CEO. This is the first time that the rumors of CZ’s return surfaced after the Binance lawsuit settlement in May 2025.
The news of Changpeng Zhao’s return coincides with Binance reaching an agreement with the U.S. Department of Justice (DOJ) to remove the three-year oversight requirement imposed under its 2023 settlement related to Bank Secrecy Act (BSA) violations. It also conincides with BNB price hitting fresh all-time highs at $960.
BNB Rallies Past $960 In Fresh All-Time High
Despite the broader crypto market consolidation, BNB Coin has been an outperformer with 5% gains in the last 24 hours, hitting a fresh all-time high above $960. BNB price is making steady moves over the past month, with its daily trading volumes surging by 37.3% to $3.31 billion.
Furthermore, as per the Coinglass data, the BNB futures open interest has surged 10.5% to more than $1.83 billion, hinting at strong bullish sentiment among traders. Market analysts are now eyeing a breakout past $1,000 for a further rally in the altcoin.
- XRP Open Interest Climbs as VivoPower Launches Treasury Expansion via Mining Swap
- Bonk, Sui and Litecoin Jump as Tuttle Capital Files for Blast Income ETFs
- Michael Saylor, Crypto Executives Meet to Push for Strategic Bitcoin Reserve Bill
- U.S. House Reattaches Anti-CBDC Bill to CLARITY Act Ahead of Senate Review
- Breaking: UK and US to Align Crypto Regulations Amid Trump’s Pro-Crypto Agenda
- SHIB Price Forecast: Taker Buys Lead as Developers Counter Shibarium Exploit
- Solana Price Set for a 25% Jump as Open Interest Nears a $20 Billion Milestone
- Bitcoin Price Prediction as Fed Decision Nears — Dump Before the Next Rally?
- Ethereum Price Prediction As Standard Chartered Says Treasury Buying Will Boost ETH Over Rivals
- Solana Price Prediction: Analyst eyes $1,250 as Galaxy Digital and Forward Industries Intensify Accumulation
- Trump Coin Price at Risk of a 16% Dive as Open Interest, Whale Selling Intensify
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
