Changpeng Zhao

Binance and CZ’s fortunes are set to grow, jail or no jail

IT’S “better to ask for forgiveness than permission” when it comes to complying with the law, the billionaire founder of the Binance cryptocurrency exchange once told his team, according to the US gov...

The growth in wealth for Zhao is more than five times the size of the US$4.3 billion in fines that Binance agreed to pay to US authorities.

Ousted Binance founder CZ’s fortune grew by US$25 billion in 2023

HE MAY be headed to prison next year after pleading guilty to US criminal charges in November, yet 2023 held a silver lining for former Binance chief executive officer Zhao Changpeng: His estimated we...