In this article you will learn:
- How the trial against the Binance founder went
- How Changpeng “CZ” Zhao became one of the most powerful and richest men in the crypto space
- How the crypto space is changing permanently due to the Binance cause
Hardly any face is as associated with crypto as Changpeng Zhao’s. He is the founder of Binance, by far the largest crypto exchange in the world, the most popular crypto influencer on social media with nine million followers, a visionary pioneer, bold strategist, celebrated hero. And soon: convicted criminal.
Today, April 30, 2024, the verdict against CZ is pending in the USA. Three years in prison, a $50 million fine: That’s what the US public prosecutor’s office is demanding. The defense only wants to accept half of it and otherwise appeal.
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