On September 27, Fortune reported that Binance founder Zhao Changpeng ("CZ") will be released early this Friday, two days earlier than his official release date, because if the release date coincides with the weekend, the prisoner will leave the detention center early. Zhao Changpeng's lawyer said that Zhao Changpeng did not want to be interviewed on the day of his release. However, the media made some speculations about his next move.
Zhao Changpeng's first stop is likely to be Dubai or Paris, where his children live with their mother He Yi. In addition, the media expects that with Zhao Changpeng's release from prison, more details about the Giggle Academy project he launched before his imprisonment may emerge in the coming months. In addition to family and charity, Zhao Changpeng, who is now free, may turn his attention to a third pursuit: the cryptocurrency industry that made him extremely wealthy and dominated the past decade.
The "Giggle Academy" project aims to create free, fun, and accessible learning tools for underprivileged children around the world. However, as of now, Giggle Academy only has a website with several job postings, but details such as the project's timeline, funding sources, and scale have not been disclosed. This may be related to Zhao Changpeng's recent legal difficulties, and more specific details about Giggle Academy are expected to emerge in the coming months.
