Binance Hands Rising Star Richard Teng Key Position to Replace CZ

The appointment of Richard Teng to oversee Binance’s regional markets outside the U.S. has positioned the one-time Abu Dhabi regulator as the most likely successor to Changpeng Zhao, who founded the world’s largest crypto exchange in 2017. The news came just before the SEC announced a lawsuit against Binance on allegations of violating federal securities laws. "The Hash" panel weighs in on what this means for the exchange.