Binance founder CZ gets out of prison on Friday. What he will do next? | Fortune Crypto
Powered by @unfolded- Changpeng Zhao, known as "CZ," is set to be released from federal custody after serving a four-month sentence for failing to implement anti-money laundering controls at Binance, the crypto exchange he founded.
- Post-release, Zhao is expected to reunite with his family, including his children and mother, and may focus on philanthropic efforts, particularly through his project Giggle Academy aimed at providing free education for underprivileged children.
- Despite being barred from day-to-day operations at Binance due to his settlement, Zhao remains the largest shareholder and may still influence the company's direction as it shifts focus to Asia and offshore markets.
- At 47 years old, Zhao is positioned for a potential comeback in the cryptocurrency industry, with expectations that his impact will continue in the business world.
https://fortune.com/crypto/2024/09/26/cz-changpeng-zhao-crypto-release-date-binance-founder/