Changpeng Zhao (CZ) is remaining distant from Binance for the foreseeable future as legal representatives confirmed the exchange remains under stringent U.S. regulatory scrutiny. Despite exiting the American market and serving no American users, CZ’s lawyer emphasizes ongoing compliance oversight by the DOJ, CFTC, and FinCEN. 2023 marked CZ’s departure from Binance after a period of extended scrutiny, with his legal team highlighting the unusual nature of long-term compliance measures for an offshore platform without U.S. clientele. The legal situation is further complicated by rumors regarding CZ’s potential return to Binance leadership and claims of political ties.