Binance founder Zhao Changpeng (CZ) said on X that he does not hold 90% of Binance shares, nor is he a formal graduate of McGill University. (Previous: Giant whale becomes shrimp? James Wynn opens another long position in Bitcoin but the value is less than $20,000, supports CZ's promotion of dark pool DEX: it can beat Hyperliquid) (Background supplement: Please call CZ "cousin" in the future! Thanks to the community "I am honored to have this nickname" secretly slamming the New York Times) Binance founder Zhao Changpeng (CZ) recently clarified a long-held view on the social platform X: the rumor that he holds "90% of Binance shares". In the past, it was widely rumored that CZ holds 90% of Binance’s shares. Although he is no longer the company’s CEO (his previous plea agreement with the US government prohibited him from participating in Binance’s operations), as a major shareholder, he still holds considerable influence. In response, CZ clearly stated that he does not have 90% of the shares, but did not make it clear how much he actually has. Although it helps the outside world equate high shareholdings with the risk of centralized decision-making on the platform, it still leaves the question of “how much”. 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   Graduated from McGill? Actually dropped out in his senior year Another rumor claimed that CZ graduated from McGill University with a degree in computer science. CZ also clarified that he dropped out of McGill in his senior year to work in the industry, and later got a degree from a distant education college in order to make it easier to get a work visa. Two minor corrections: I don't own 90% of the shares, and I didn't graduate from McGill. It can only be said that another record of dropping out of college but later achieving extraordinary success was born. Related reports $HYPE hits $42, a record high! Big Brother Moji takes profit and earns $6.5 million. Giant whale buys a large amount of Hyperliquid. Giant whale becomes a shrimp? James Wynn opens another long position in Bitcoin but the value is less than $20,000. He supports CZ to promote dark pool DEX: it can beat Hyperliquid. "CZ clarifies: I don’t have 90% of Binance shares. I dropped out of school in my senior year and found a job." This article was first published on BlockTempo "BlockTempo Trends - The Most Influential Blockchain News Media".
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