In my opinion, that is still a very realistic vision hearing CZ’s resignation like this is to preserve Binance. We can make sense that this decision was not simply a change of the leadership but an effort to prevent other huge issues within the firm. It also demonstrate high level of commitment to the future of the company and the possibility to carry on its business while leaving personal problems to be dealt at a personal level. As for Binance, with a strong team and rather sensible systems, everything is still proceeding in the right direction, so there should not be doubt that the company will remain stable to function regardless of changing its CEO.
I agree with you on this.
Many of us here, if not all knows CZ simply because of Binance, and that’s his legacy that took him decades to build and grow to this very height, it’ll be too much a risk for him to still maintain th position of the CEO of Binance while simultaneously taking care of his personal matters knowing fully well he’s the face of Binance and so the possibility of taking Binance along with him, should eventually he takes a fall.
A lot of people thought Binance and the BNB was really going to suffer while the case lasted, and this would’ve actually happened if CZ hadn’t decided to transfer leadership and I believe that was the hardest but best decision CZ had ever made for Binance.