Changpeng Zhao updates his profile on account X, possibly hinting at an imminent return to Binance

On September 17th, Binance founder Changpeng Zhao updated his profile on his X platform (formerly Twitter) account early this morning, garnering widespread market attention. His profile changed from "ex-@binance" (former Binance member) to "@binance" (Binance), a change many interpreted as a sign that he might be returning to Binance's operations and management.

Notably, on the same day, Bloomberg reported that Binance was actively negotiating with the US Department of Justice to prematurely remove the independent compliance monitor stationed at the platform since last year's settlement.

The monitor was mandated by the DOJ as part of Binance's $4.3 billion settlement for violations of US anti-money laundering regulations. A successful negotiation could significantly alleviate the regulatory pressure currently facing Binance and potentially pave the way for it to regain its strategic initiative in the global market.

The timing of Zhao Changpeng's profile change and the progress of these negotiations further fueled speculation that he was about to return to Binance's core leadership. At present, Binance has not officially responded to the relevant news, and the market is closely watching the subsequent developments.