🐦 CZ spoke about profits and prison

🔵 The exchange earned between $500 million and $1 billion in net profit as early as 2018, its first full year of operation.

🔵 In 2024, he was convicted of AML violations and received a 4-month prison sentence, personally paying a $50 million fine, while Binance paid $4.3 billion. The sentence is the largest criminal conviction case in the history of crypto.

🔵 CZ grew from a simple student in Canada: he worked at McDonald's, then studied at McGill, creating HFT systems before launching Binance in 2017. His journey is an example of respectability and high-risk determination.

🔵 The judge released CZ after 4 months in prison, calling the idea of a 3-year sentence excessive, considering his cooperation and lack of a criminal past.

🔵 Today, CZ remains one of the richest individuals in the industry (≈ $65 billion by 2025), has become an advisor to governments (of Pakistan, Kyrgyzstan), and Binance remains the largest by volume.

🔵 This case serves as a reminder: in crypto, one can make billions, but without a reliable strategy, global players risk losing both freedom and reputation.$ETH $ETH $SOL