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CZ clarifies: I do not have 90% shares of Binance, I dropped out of college and started working.
Binance founder Changpeng Zhao (CZ) said on X that he does not own 90% of Binance shares and is not a full graduate of McGill University. (Synopsis: Giant whales become small shrimp? James Wynn opened another bitcoin long order but worth less than $20,000, supporting CZ dark pool DEX: can burst Hyperliquid) (background supplement: Please call CZ big cousin in the future!) Binance founder Changpeng Zhao (CZ) recently clarified a long-held view on social platform X: rumors that he owns "90% of Binance's stock." It has been rumored that CZ owns ninety percent of Binance, and although he is no longer the company's CEO (his previous plea agreement with the U.S. government prohibited him from participating in Binance operations), he still wields considerable influence as a major shareholder. In this regard, CZ made it clear that he did not have 90% of the shares, but also did not make it clear how much he had? Although it helps the outside world to equate high holdings with the risk of centralized decision-making on the platform, it still leaves the suspense of "how many there are". Thanks for the post. 2 minor corrections. I don't own 90%. Didn't graduate from McGill, dropped out in the 4th year to continue working, and eventually got a degree at a distant education college, just so that it is easier to get a work visa. — CZ BNB (@cz_binance) June 14, 2025 McGill graduate? In fact, he dropped out of school in his senior year Another rumor alleges that CZ graduated from McGill University's computer science department. CZ also clarified that he took a break from McGill to go to the industry in his senior year and later earned a degree at a distance learning college in order to get a work visa. Two small corrections: I don't own 90 percent of the shares, and I didn't graduate from McGill, which is just another record of taking a break from college and then achieving extraordinary things. Related stories $HYPE rushed to a record high of $42! Maji's big brother made $6.5 million, and the giant whale bought Hyperliquid in a large amount to become a small shrimp? James Wynn opened another Bitcoin long order but worth less than $20,000, supporting CZ Push Dark Pool DEX: Can burst Hyperliquid "CZ clarification: I don't have 90% of Binance's shares, I dropped out of school and got employed in my senior year" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".