Changpeng Zhao (CZ), the former CEO of Binance, has published his first extensive post since his release from prison. CZ, whose personal fortune is valued at around $61 billion, shared his reflections, stating that having just one piece of fruit per day felt like a “luxury” during his time behind bars. After his release, he expressed plans to take some time off before deciding on his next steps. "Let me chill for a bit. Then figure out the next steps. There are always more opportunities in the future than there were in the past," he mentioned.
CZ, who was sentenced to four months in prison in April and began his sentence in June, touched upon his plans for the future in his post. A major focus will be *Giggle Academy*, an educational initiative he's launching, which he says will play a significant role in his future endeavors. He also expressed continued interest in supporting blockchain and decentralized finance (DeFi) projects, areas where he has long been involved. Additionally, CZ highlighted his growing fascination with artificial intelligence (AI) and biotechnology.
Another key project on his horizon is completing his book, which has proven to be more time-consuming than he initially expected. However, he noted that the majority of the writing is now complete.
Reflecting on Binance, CZ stated that the exchange is thriving in his absence, calling it "every founder's dream" to see their creation succeed even after stepping down. While he is prohibited from leading the company again due to restrictions imposed by the Department of Justice (DOJ), CZ still holds a significant influence as the majority shareholder, owning 90% of Binance. Despite stepping away from leadership, his presence and impact on the company's direction remain strong.
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