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.

The courtroom was abuzz as Caroline Ellison, former girlfriend and co-founder of the cryptocurrency exchange FTX, took the stand in the trial against Sam Bankman-Fried (SBF), the founder of FTX. The testimony she provided could have significant implications for the future of Bankman-Fried and the once-booming crypto empire he built.