Changpeng Zhao made over $25 million per day during his 117-day prison❗
Changpeng Zhao, former Binance CEO, reportedly made over $25 million per day during his 117-day prison term, according to Forbes. Despite being in prison for violations of the Bank Secrecy Act, Forbes estimates his net worth increased by at least $3 billion, reaching $61 billion by his release. However, Bloomberg's more conservative estimate suggests he lost money, valuing his net worth at $30.8 billion. The discrepancy arises from differing valuations of his crypto assets and equity in Binance-affiliated companies.
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