CZ has completed a four-month prison sentence for failing to maintain an effective AML program at Binance. With a personal fortune of $60 billion, he is the 25th richest person in the world.
- CZ will not return to Binance but remains a major shareholder.
- Richard Teng, the current CEO, dodged questions about CZ's involvement.
CZ shared on X: "Binance is no longer a kid. It's time to let it go and run."
Tim Draper hopes CZ will continue to develop and pursue the original goal of Bitcoin economics.
CZ may be involved in DeFi, blockchain/Web3/DeFi, AI and biotech. He also wants to help young entrepreneurs as a mentor.
CZ founded Giggle Academy, a free educational platform for children under 13 in developing countries, focusing on areas such as math, science, finance and blockchain.
CZ may write a book or memoir about his crypto career. Would you like to read it? 📚
Even though CZ is free, Binance still faces many legal challenges. Let's discuss in the comments!