Changpeng Zhao released from prison today: what's next for the former Binance boss?
This September 29, 2024 marks the early release of Changpeng Zhao, aka CZ, after four months in prison. Initially scheduled for Sunday the 29th, CZ was released on Friday the 27th due to American administrative practices. Convicted of failings in the fight against money laundering at Binance, CZ is now a free man, and speculation about his future abounds.
With a fortune estimated at $60 billion, he could choose to retire to enjoy his family in Paris, where his wife and children live. However, despite his ban on managing the day-to-day affairs of Binance, CZ will remain influential as a major shareholder. Some also mention his educational platform project, Giggle Academy, which he could develop.
Will he turn the page on crypto or make a strong comeback in the Web3 ecosystem? The mystery remains, but one thing is certain: CZ has not said his last word.
