🔥 Binance founder CZ is about to regain his freedom, CryptoQuant CEO supports him!
Zhao Changpeng (CZ), the founder of Binance, is about to end his prison life on September 29. CryptoQuant CEO Ki Young Ju publicly expressed strong support for CZ as he is about to return.
Young Ju believes that although CZ was punished for violating the US Bank Secrecy Act, CZ's great contributions to the cryptocurrency field far outweigh his mistakes.
Young Ju pointed out that CZ is not only a driving force for Binance, but also a great contributor to the liquidity of the entire cryptocurrency market. He emphasized that despite CZ's mistakes, his imprisonment reflects some of the challenges and difficulties in the growth of the crypto industry. CZ's experience seems to be a "sin" that the entire industry must bear as it grows.
After CZ is released from prison, he is expected to remain a member of Binance's board of directors, but he is prohibited from participating in the company's daily operations. Despite this, as a shareholder, CZ will still have a considerable influence on Binance.
Moreover, some lawyers believe that CZ's plea agreement will not permanently prevent him from returning to a management position. However, CZ himself seems to be more interested in blockchain, artificial intelligence and biotechnology, and currently has no plans to return to the leadership of Binance.
As of press time, the total value of the cryptocurrency market is approximately US$2.174 trillion, the price of Bitcoin is around US$63,930, and the market share is 57.65%. Despite market fluctuations, CZ's return will undoubtedly bring more attention to the industry. $BTC
Are you looking forward to CZ's return? For individual investors, will CZ's return affect your investment decisions?
