CryptoPotato Profiles: Who is Changpeng Zhao, the Mastermind Behind Binance
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 08 2024Changpeng Zhao's Journey: Changpeng Zhao, co-founder of Binance, rose from humble beginnings to create the world's largest cryptocurrency exchange, amassing a wealth estimated between $30 and $60 billion while navigating significant legal challenges and controversies.
Legal Troubles and Future Plans: Following his guilty plea for money laundering violations, Zhao stepped down as CEO of Binance, which faced hefty fines and operational restrictions. He plans to focus on new projects like Giggle Academy while remaining influential in Binance due to his substantial equity stake.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
