After six months in prison in the United States, Binance co-founder Changpeng Zhao (CZ) is back with a focus on education, philanthropy, and technology. His role at Binance is over, but his vision lives on.
📢 New Initiative
In his first tweet, CZ pivoted from crypto to impactful projects, defining himself as a “long-term investor” with “impact, not profit.” Key projects include:
Giggle Academy: A platform that provides free education for grades 1-12, using blockchain technology to certify student progress.
Committed to charity and plans for an upcoming book.
💡 Focus on Technology Investment
Despite stepping down from Binance, CZ remains committed to blockchain, AI, and biotechnology as keys to future growth.
🏛️ Background of His Prison
CZ’s legal troubles stem from a plea deal in November 2023. He was convicted in April 2024 for failing to properly protect against money laundering, resulting in a $4.3 billion fine for Binance and $50 million for himself. Under the agreement with the U.S. government, CZ cannot return to Binance.
With a net worth of $30 billion and ambitious plans, CZ's journey is just beginning.
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