Benzinga - In a surprising turn of events, the X account of Changpeng Zhao, the co-founder and former CEO of Binance (CRYPTO: BNB), was temporarily restricted, before being reinstated.
This development came amid a series of controversies surrounding Binance, the world’s largest cryptocurrency exchange.
In a historic settlement, Binance and Zhao pleaded guilty to multiple violations, agreeing to pay a staggering $4.3 billion.
After about an hour of restriction, the account was reinstated.
Explaining the reason behind the restriction, Zhao said it was apparently due to him changing the profile name of his account.
He urged Elon Musk to work on the bot detection algorithms of X so that such instances are not repeated.
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