After Changpeng Zhao (CZ), the founder of cryptocurrency exchange Binance, was sentenced to four months in prison by a U.S. court on Tuesday for violating the Bank Secrecy Act, he posted a message on the social platform X to thank his supporters.
Changpeng Zhao said: "Thank you for everyone's concern and support, whether it is through letters, messages on X, or any other form of support. These all mean a lot to me and make me strong."
He then added, "I will serve my sentence" and "after this phase is over, I will focus on the next chapter of my life (education)."
After withdrawing from the market spotlight for several months, Changpeng Zhao (CZ) published an article last month to reveal his current situation, saying that he is preparing a new education project "Giggle Academy" to provide free basic education to poor children and hopes to recruit more Professionals with a passion for teaching join the team.
In addition, Changpeng Zhao also stated that he will continue to be a "passive investor" and holder of cryptocurrency in the future.
With the dispute between Binance and the U.S. Department of Justice coming to an end, Changpeng Zhao mentioned that the cryptocurrency industry "has entered a new stage" and he also realized the "importance of compliance." If you think about it on the bright side, Binance has also We have been closely monitored for a long time and have been strictly self-disciplined, always taking "protecting users" as the first principle, so all customers' funds are safe.
〈Speaks out for the first time after being sentenced for 4 months! Changpeng Zhao: The cryptocurrency industry has entered a "new stage". This article was first published on "Block Guest".
