Binance Founder CZ Teasing His Own Book

As a researcher with a background in finance and technology, I find the potential new book by Changpeng Zhao (CZ), the former CEO of Binance, intriguing. CZ’s recent announcement on social media about considering writing his own book comes at an interesting time, given his past experiences and current circumstances.


Changpeng Zhao, the previous CEO of Binance, hinted at authoring his own book through a recent update on X social media platform.

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As a researcher, I can paraphrase CZ’s statement by saying, “I’m looking forward to having some peaceful time ahead, which I plan to utilize for composing some written work.”

The founder of Binance expressed his intention to read his own book for lack of other alternatives.

I analyzed a report from U.Today stating that in April, CZ was sentenced to four months in prison. This makes him the wealthiest individual ever to be imprisoned in the United States. The prosecution had aimed for a much longer sentence of three years.

Back in November, CZ admitted guilt for money laundering offenses and stepped down as Binance’s CEO. Meanwhile, the cryptocurrency titan consented to pay a colossal penalty of $4.3 billion.

Upon relinquishing my role, I announced the initiation of an intriguing endeavor referred to as “Giggle Academy.” This venture, devoid of immediate financial returns, is geared towards underprivileged children. In addition to conventional subjects like mathematics, we will instruct them on the fundamentals of finance and blockchain technology.

I, as an analyst, have come across the news reported by U.Today indicating that CZ (Changpeng Zhao) has affirmed his continued role as a cryptocurrency investor, despite relinquishing his active involvement with Binance.

While Sam Bankman-Fried, a previous FTX leader who received a 25-year prison sentence last year, now has a book chronicling his life. Michael Lewis penned “Going Infinite: The Rise and Fall of a Modern Tycoon,” detailing Bankman-Fried’s story. Notably, Lewis is celebrated for writing “The Big Short,” which was later turned into an acclaimed film with the same title.

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2024-05-12 13:37