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Changpeng Zhao

Crypto Turbulence: Binance’s CZ Sees Billions Erode Amidst Industry-Wide Scrutiny

Changpeng Zhao, commonly referred to as CZ, is the brains behind Binance, the world's premier cryptocurrency exchange. As of October 23, 2023, Forbes estimated his wealth at $10.2 billion. However, recent financial shifts, as reported by Bloomberg Billionaires Index, have seen his fortune decrease by $11.9 billion due to decreased trading volumes on Binance.

Are You Ready For The Next Bitcoin Bull Cycle Triggered By The Halving Event 2024?

Changpeng Zhao, a/k/a CZ, the CEO and co-founder of the Binance exchange, recently shared insights on the upcoming Bitcoin (BTC) halving via a post on Binance Feed. Like many other crypto evangelists, CZ is optimistic that BTC halving could again trigger a new bull cycle.
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Breaking! Reuters Report Accuses Binance Of Crime Facilitation!

Reuters published an interesting report about the world's largest crypto platform Binance. According to the report, Binance processed transactions totaling at least $2.35 billion stemming from hacks, investment frauds, and illegal drug sales between 2017 and 2021. Allegedly, in 2019 Binance processed criminal funds totaling $770 million.

The Unknown Crypto Billionaire And Binance Founder Changpeng Zhao

Binance is the largest crypto exchange by trading volume. Changpeng Zhao founded Binance in 2017. He is an experienced tech entrepreneur and founded Fusion Systems in 2005 in Shanghai; the company built high-frequency trading systems for stockbrokers. In 2013, he joined Blockchain.info as the third member of the cryptocurrency wallet's team and worked at OKCoin as CTO for less than a year.

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