Binance founder Zhao Changpeng made his first public statement after being released from prison. He made his first public statement after being released from prison on the weekend. He announced his next move on X, promising to continue investing in the blockchain field, artificial intelligence and biotechnology.
Last Friday, Zhao Changpeng was released early, ending his four-month prison sentence. Last November, he reached a plea agreement with the US government, pleading guilty to money laundering, failing to prevent criminals and terrorist organizations from using his exchange, and agreed to pay a personal fine of $50 million, resign as Binance CEO, and serve four months in prison. According to the Bloomberg Billionaires Index, Zhao Changpeng's net worth exceeds $30 billion, which is likely to make him the richest American prisoner in history. At the same time, Binance was fined $4.3 billion and faced years of compliance monitoring by the US Department of Justice and the Financial Crimes Enforcement Bureau of the Treasury Department.
Zhao Changpeng said on X on Sunday that he needed to calm down before determining his next move, and there would always be more opportunities in the future than in the past.
First of all, he thanked everyone for their support. "It means a lot to me and keeps me strong in my darkest moments," he said.
Although he didn't plan his next move, he gave a brief update on some project progress and his initial thoughts. Zhao Changpeng said that his new project, Giggle Academy, a non-profit online education platform, is progressing well and will "become a big part of my life" in the next few years.
Zhao Changpeng said that he will continue to invest in blockchain/decentralized technology, artificial intelligence and biotechnology, and said that he is a long-term investor who focuses on impact rather than returns.
He will also devote more time and funds to charity (and education), and he has some rough ideas himself. He is also writing a book, which is two-thirds complete. The workload of the book is far more than he expected, but he will stick to it.
Finally, Zhao Changpeng mentioned the development of Binance. "Binance seems to be doing well without my intervention, which is great. This is every founder's dream!" he said. $BTC $ETH $BNB #非农就业数据即将公布 #HMSTR开盘 #币安上线CATI #美联储11月降息预期升温 #美国8月核心PCE创4月以来新高