Arthur Hayes Speaks Out Against American Authorities’ Treatment of Changpeng Zhao
Financial revolution platforms lack political/financial backing, instead run by ordinary individuals - Arthur Hayes.
Changpeng Zhao, or CZ, is one of the founders and the current Chief Executive Officer (CEO) of the leading cryptocurrency exchanges, Binance.
Previously, Zhao was part of the team that developed the popular resource Blockchain.info, and he has also served as the Chief Technology Officer (CTO) of OKCoin.
Born in China’s Jiangsu province in the year of 1977, Zhao, along with his family, moved to Vancouver (Canada) in the late 80s.
In February 2018, Forbes Magazine ranked him as the third on the “Richest People in Cryptocurrency” list.
Under his watch, Binance has managed to become one of the leading cryptocurrency exchanges. Not only does it see the highest amount of adjusted (real) trading volume in the years of 2017 – 2019, but it strives to create and to bring digital assets to the masses.
Another exciting thing about Changpeng Zhao is that he is particularly active on Twitter. He is regularly updating and interacting with his followers on the latest Binance news.
This is how Gin Chao, Binance’s CSO, describes CZ in an interview with CryptoPotato during 2019:
“CZ wants to keep the organization flat and entrepreneurial, and he’s done a pretty good job of maintaining that so far.”
Financial revolution platforms lack political/financial backing, instead run by ordinary individuals - Arthur Hayes.
CZ may have to remain in the United States until his sentencing in February 2024.
Binance CEO CZ agreed to step down from the exchange this week in a deal with the DOJ. The announcement
Over 70% of Bitcoin supply has remained dormant for at least a year for the first time in its history.
The total holdings value in Binance has increased despite continuous outflows.
Matrixport's report deems the outcome as highly favorable for CZ and Binance, with no accusations of fund misappropriation or market
Teng's experience as a top employee who worked with government entities makes him a "highly qualified leader," according to CZ.
Binance experienced outflows of $1.01 billion within a 24-hour period, whereas OKEx witnessed a net inflow of $152 million.
"There is no chance, and I mean zero, that this ETF is approved with Binance in its current position of
Alongside CZ’s $175 million bond, he posted $15 million in a trust account and agreed to forfeit the cash if