Binance Founder CZ Reflects on Incarceration and Future as an Ordinary Shareholder

According to a recent Bloomberg report on November 7th, cryptocurrency exchange Binance’s founder, CZ, shared insights from his tumultuous journey, including his unexpected exit and a four-month period of incarceration. During this time, he utilized his time constructively, engaging in activities such as exercising and writing a book, while also discussing cryptocurrency trends with fellow inmates. CZ expressed his current sentiment, stating, “I feel that I don’t want to go back to being the CEO of Binance,” reflecting on his significant seven-year tenure at the helm. Despite receiving multiple inquiries regarding the sale of his stake, which forms a substantial part of his net worth, CZ declined to divulge any details about potential buyers or offer amounts. He emphasized, “I’m just an ordinary shareholder now,” indicating a shift in his involvement while remaining open to future offers related to his substantial holdings.

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