This is CZ, the richest person in #cryptocurrency
Created#Binanceand made $59 billion.
He was then imprisoned for 4 months.
Here's his story, his crimes, his secrets, and what will happen on September 29.
His name is Changpeng Zhao and abbreviated as CZ.
We have all come across or heard about the leading#cryptocurrencyplatform Binance, built by Changpeng Zhao.
His contribution to the development of this industry is immense, helping him reach the top 26 on the Forbes Global List.
His story will amaze anyone, and the ideas contained within will open doors to great achievements.
• CZ was born in China into a modest family, his mother a teacher and his father a professor.
▪︎ When Chase was 12 years old, they were able to get a visa to Canada and move there.
▪︎ Eventually, they were able to obtain Canadian citizenship and settled in the country.
In Canada, during his early youth, CZ got his first jobs.
He worked at McDonald's 🫤 and a gas station, which provided income for the young man.
These humble beginnings were the beginning of the billionaire's life.
▪︎ After high school,#CZwent to university to study computer science. 🤓💻
□ Using this knowledge, in 2001, he joined Bloomberg, where he worked for four years on the trading platform.
□ His corporate experience allowed CZ to start creating his own projects and companies, leading to the formation of Fusion Systems.
◇ A year later, CZ decided to move to#OKCoinexchange to take the position of Chief Technical Officer.
◇ The cooperation did not last long, and after that, the story of the creation of the Binance empire began.
The platform considered all the wishes of the users, something that no one else did at the time, which led to its rapid rise in popularity.
His hard work and dedication to the company has brought CZ immense wealth.
However, big money also attracts close scrutiny from regulatory authorities.
He was charged with money laundering, along with his company.
In conclusion, CZ received a much lighter sentence than expected, which included:
▪︎ 4 months in prison in Lompoc, California
▪︎ $4.3 billion in fines and forfeitures paid by #Binance
▪︎ According to insiders, CZ is feeling comfortable in prison.
• CZ himself describes this event as a “quiet time” that should benefit him. 🧘♂️
• He mentions that he uses this time to write, and is likely working on a book. ✍️
○ We might be in for something big once it's released on September 29th. 👀
☆ There are also rumors that CZ is actively helping the guards understand#cryptocurrenciesbetter.
• That's why he gets the best possible conditions.
□ The king is likely to return to freedom with a wealth of ideas for further development.
◇ Although CZ has been removed from managing the Binance platform for three years, he will still have significant influence over it.
• He has already been transferred to a prison from which Saud is being released to society.
• You must be prepared for the CEO's return on September 29th.
▪︎ CZ Tips I would like to share some tips for beginners👇👇
◇ Start small
{As if he was saying, start carefully, step by step}
◇ Don't invest money that you may need in the next six months.
◇ Follow risk management rules and avoid using funds of critical importance.
◇ Don't follow recommendations and advice from Twitter 🙅♂️
◇ Every financial situation is different, and everyone has their own perspective.
◇ Try to shape yourself without outside help. 💪
■ The last advice was 🤝
◇ Invest in a few projects that you know well.
◇ Instead of investing in hundreds of assets that you've only seen briefly, identify the best assets.
◇ Analyze its potential carefully and invest wisely to avoid losing money.
This is Changpeng Zhao
Known as CZ, short for the first letters of his name.
It took me a long time to present this story that the founder of Binance achieved.
I hope you like it
It is a step towards success for those who want to start establishing themselves.
If you like the content follow me @ArabicWhales
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