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Former Binance employees and investors told Bloomberg that CEO Changpeng Zhao has a firm grip on the company.
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One told the outlet that, “at the end of the day, he’s the holding company.”
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That’s at odds with core tenets of the decentralized finance movement.
Crypto giant Binance is a poster child of the decentralized movement.
Its founder and CEO Changpeng Zhao recently spoke to Bloomberg…