Binance.US and Changpeng Zhao, the crypto exchange’s founder and principal owner, have been discussing measures to diminish his position in the company, according to the Information, citing two people familiar with the subject. According to the article, Zhao, who is also the CEO of Binance, the world’s largest crypto exchange, has been trying to sell at least some of his holdings since last summer. The US Commodity Futures Trading Commission (CFTC) sued Binance and its CEO Zhao in March for operating a “illegal” exchange and a “sham” compliance programme, according to the regulator.