- Changpeng Zhao, the former CEO of Binance, has hinted at writing his own book in a recent social media post.
- Zhao, who was sentenced to four months in prison in April, has also teased a new education-focused project called “Giggle Academy.”
- Despite stepping away from Binance, Zhao has confirmed that he will remain a cryptocurrency investor.
Former Binance CEO Changpeng Zhao hints at writing a book amidst legal troubles and teases a new educational project. Despite stepping down from Binance, Zhao remains committed to the cryptocurrency industry.
Changpeng Zhao Considers Writing a Book
Changpeng Zhao, the former CEO of Binance, has suggested that he might write his own book. In a recent post on the X social media network, Zhao jokingly mentioned that he had some “quiet time” coming up, which he would use for writing. The Binance founder said he was going to give his own book a try since he would have nothing else to do.
Zhao’s Legal Troubles
Zhao was sentenced to four months behind bars in April, becoming the richest person ever to be incarcerated in the U.S. The prosecutors wanted the controversial 47-year-old entrepreneur to serve three years behind bars. Zhao pleaded guilty to money laundering violations back in November while resigning as the CEO of Binance. The cryptocurrency giant also agreed to fork out a massive $4.3 billion fine.
Zhao’s New Education-Focused Project
After stepping down from his position, Zhao also teased a new education-focused project called “Giggle Academy.” The non-revenue project would specifically target underprivileged kids, teaching them about finance and blockchain on top of some regular subjects like mathematics.
Zhao’s Continued Involvement in Cryptocurrency
Despite stepping away from Binance, Zhao has confirmed that he will remain a cryptocurrency investor. This shows his continued commitment to the industry, even amidst his legal troubles. Meanwhile, Sam Bankman-Fried, another disgraced cryptocurrency founder, already has a book about him. The story of the former FTX boss, who was sentenced to 25 years behind bars last year, has been told in Michael Lewis’s “Going Infinite: The Rise and Fall of a New Tycoon.”
Conclusion
Changpeng Zhao’s recent activities indicate his continued involvement in the cryptocurrency industry, despite his legal troubles. Whether it’s through writing a book or launching an educational project, Zhao is still making his mark on the industry. His future endeavors will be closely watched by both his supporters and critics.
