Binance Founder CZ to Launch Non-Profit Education Project Amid Legal Woes
With CZ no longer at the helm at Binance, the crypto entrepreneur is planning to launch an online project that
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.”
With CZ no longer at the helm at Binance, the crypto entrepreneur is planning to launch an online project that
Judge A. Jones orders Zhao to stay in the U.S. during sentencing and report travel plans to court.
During the latest court hearing, prosecutors sought to modify CZ's bail bond.
CZ, who is out on bail, will be sentenced in late April.
Regulators in Florida and Alaska said CZ’s guilty plea has made him unsuitable to control Binance.US as he still holds
Court documents reveal the Judge denied Changpeng Zhao's travel request to UAE, despite offering multibillion-dollar stake as security.
During CEO CZ's absence, Yi He has emerged as the largest shareholder in Binance.
Binance and CZ will pay almost $3B in total in settlement to the CFTC, effectively resolving the regulator's charges against
Judge Richard Jones agreed with the U.S. government that CZ’s return to his home in the United Arab Emirates (UAE)
The crypto mogul’s interest in Binance.US will now be “purely economic.”