Chen Guangying

Forbes: Unveiling Binance's Actual CFO, the Guardian of the Treasury Guangying Chen

ChainCatcher news, Forbes published an article titled "CEO Changpeng 'CZ' Zhao's mysterious associate Guangying Chen emerges as a key player in his company's operations, which are the subject of a recent lawsuit from the SEC," mentioning that Binance executive Guangying Chen (hereinafter referred to as "Chen Guangying") controls more bank accounts and serves on more boards of Binance entities than any other executive besides CEO Zhao Changpeng.She is currently a director of 8 major companies under Binance and is a signatory on dozens of bank accounts for 27 entities registered in 13 countries/regions, responsible for overseeing the company's finances, having handled $148 billion in deposits and withdrawals since 2019.According to relevant documents, Chen Guangying's salary has reached $32 million since 2019, and she has also signed off on Binance's most important business transactions. "Chen Guangying is a trusted person of Zhao Changpeng," said a former Binance executive who worked with Chen Guangying and Zhao Changpeng, "She is the gateway to Binance's treasury; she has all the control."Another insider stated, "Whether it's about fund transfers or fund confirmations, she is needed because she is the authorized person for all bank accounts; Chen Guangying is the real CFO." The Chinese company records investigated by Forbes show that while Zhao Changpeng is listed as the CEO of Shanghai Bijie Network Technology Co., Ltd., it is Chen Guangying who controls the company on paper. She holds 93% of the shares and is listed as the founder and the sole legal representative.Zhao Changpeng previously stated in a blog post in 2022 that Chen Guangying is "a passport holder of a European country, and she lives there peacefully with her family." However, Forbes pointed out that this contradicts what it understands, with a former Binance executive commenting, "Wherever Zhao Changpeng goes, Chen Guangying goes." (source link)
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