Zhao Changpeng consoles OpenAI founder: Knowing when to let go is the hardest
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According to reports from Bloomberg and The Wall Street Journal, the lawsuit between the CFTC (Commodity Futures Trading Commission) and Binance, along with its founder Changpeng Zhao, will come to an end with a $4.3 billion settlement and Zhao's resignation. Zhao will retain a majority stake in Binance but will no longer serve as an executive. Zhao's plea deal will thus ensure Binance's tranquility.
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Review: Zhao Changpeng Comforts OpenAI Founder
Coincidentally, when the founder of OpenAI was suddenly removed a few days ago, Binance founder Zhao Changpeng's consolation to Sam Altman was also reflected upon himself:
"Knowing when to relinquish control of the company you founded is one of the toughest decisions."
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