Skip to content
24/7NewsPaper
Back to feed
CoinDeskcoindesk.com

Post-prison CZ says time behind bars didn't hurt the billionaire's business after Binance (opens original article in a new tab)

TL;DR

Binance founder CZ Zhao says his prison time for BSA violations didn't hurt his business, as partners understand the non-fraud nature of his case, and he's now focusing on investments and advising startups.

  • CZ Zhao, Binance founder, served 4 months in prison for BSA violations but claims it didn't harm his business.
  • He emphasizes that his guilty plea for non-fraud violations helped build trust with partners and investors.
  • CZ is now focusing on investment and advisory roles rather than running Binance or U.S. operations.

Conversation

No comments yet

Threaded discussion is coming next — this is where the community conversation about this story will live.