🏆STORY 💕👉 Changpeng Zhao.🎈🎈✅✅
He built a $300B crypto empire from scratch.
Then took the fall, paid $4.3B, and went to prison.
You’d think that was the end. right?
Wrong: 🧵
Let’s go back to the beginning.
CZ grew up very poor.
His family left China and moved to Canada.
His dad worked as a dishwasher.
CZ worked at McDonald’s flipping burgers.
The kid worked hard.
He took on odd jobs.
He worked overnight at a gas station.
He did it all to support his family.
That struggle made him who he is.
In 2017, CZ started Binance from the ground up.
By now, it has become a $300 billion crypto empire.
In 2021, it held $60 billion in user assets.
CZ is now the richest person in crypto with a net worth of $53 billion.
He didn’t stop there.
He launched BNB Chain in 2018.
By 2023, it had 21 million users.
The network processed 153 million transactions.
It is a powerful decentralized platform.
Big dreams carry challenges.
Binance grew too large.
Validators gained too much power.
CZ’s $300 billion business?
A huge target.
Regulators began to investigate.
They were not friendly.
In 2023, things took a turn.
Binance and CEO CZ faced penalties.
They received a fine of $4.3 billion—the largest ever.
The richest man in crypto has fallen.
CZ is now in prison for 4 months.
He is the richest prisoner ever, with a wealth of $53 billion.
His downfall was harsh.
But he still has plans.
Prison did not stop him.
CZ earned $25 million a day while inside.
That totals $2.9 billion by the end.
He walked out in April 2024.
He started Giggle Academy to provide free education.
People still criticise CZ.
But that $4.3 billion fine?
It helped Binance avoid bigger problems.
The richest man in crypto made a change.
He is still impacting the industry.
This guy's story ain't over yet.