Binance, a big cryptocurrency exchange, made a new board with seven people.

The board is led by Gabriel Abed, who was an ambassador.

Richard Teng, the CEO, and Heina Chen, a co-founder, are also on the board.

Binance had to change its leadership due to legal issues with the US government.

They agreed to pay a big fine, and the former CEO is facing legal trouble.

Binance had to make these changes to follow rules set by US regulators.