Changpeng Zhao | ForkLog

ForkLog 35 02.04.2024

Forbes Values Changpeng Zhao’s Wealth at $33 Billion

Co-founder and former CEO of Binance, Changpeng Zhao, has secured the 50th position in the new billionaire rankings by Forbes, with a fortune estimated at $33 billion. Source: Forbes. The publication estimates that the entrepreneur’s wealth peaked in 2022 at $65 billion, before falling to $10.5 billion. Bloomberg, in its own billionaire index, attributes assets […]

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ForkLog 37 19.03.2024

Former Binance CEO Launches Educational Platform

Changpeng Zhao (CZ), the former CEO of Binance, has announced the launch of an educational platform called Giggle Academy. My next project. @GiggleAcademy (No logo yet) Free basic (grade 1-12 ish) education, for all.No revenue.Gamified.Adaptive. Read the Concept Paper at https://t.co/knqmZF0sQ8 We are HIRING. Small team, work directly with CZ. — CZ ? BNB (@cz_binance) […]

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ForkLog 18 13.03.2024

Court Orders Former Binance CEO to Surrender Passport Before Sentencing

Former Binance CEO Changpeng Zhao (CZ) has received a notice altering his bail conditions, requiring him to surrender his passport to authorities. The ex-CEO posted a $175 million bail to remain free until sentencing. However, prosecutors demanded a travel ban from the US, fearing he might flee. The defendant must now hand over his Canadian […]

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ForkLog 23 13.02.2024

Sentencing of Binance Founder Postponed to April

The sentencing of Binance founder Changpeng Zhao on money laundering charges has been postponed to April 30. This was reported by CNBC, citing a notice from the federal court in Seattle. The document did not specify the reason for the nearly two-month delay; the verdict was initially expected on February 23. Federal guidelines suggest a […]

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ForkLog 16 25.01.2024

Court Denies Binance’s CZ $4.5 Billion Bail Request for UAE Departure

In December 2023, a court rejected the request of former Binance CEO Changpeng Zhao (CZ) to return home to the UAE, despite a proposed bail of $4.5 billion. This is detailed in the case documents. CZ planned to leave on January 4 for several weeks, as he anticipated a “hospitalization and surgical operation” for a […]

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ForkLog 75 26.12.2023

Changpeng Zhao’s fortune rises by $25 billion in 2023

Bloomberg noted that Changpeng Zhao's estimated net worth rose to $37.2 billion in 2023.

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ForkLog 30 08.12.2023

Changpeng Zhao barred from leaving the UAE, reports say

A U.S. district judge in Seattle has barred Changpeng Zhao (CZ) from returning to the UAE — he will remain in the United States until the sentencing hearing on February 23. Bloomberg reports.

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ForkLog 13 07.12.2023

Seattle court accepts CZ’s guilty plea to anti-money-laundering charges.

A United States district judge in Seattle has accepted the guilty plea of former Binance CEO Changpeng Zhao (CZ) in connection with anti-money-laundering violations.

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ForkLog 8 28.11.2023

Changpeng Zhao steps down from Binance.US board

Co-founder and former Binance CEO Changpeng Zhao has stepped down as chair of the Binance.US board.

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ForkLog 11 28.11.2023

Arthur Hayes calls US stance toward CZ and Binance ‘absurd’.

Binance's record penalties reflect bias against the transformative impact of cryptocurrencies and blockchain, according to former BitMEX CEO Arthur Hayes.

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ForkLog 20 28.11.2023

Judge bars Changpeng Zhao from leaving the United States until verdict is delivered

The U.S. court did not allow CZ to return to the UAE before consideration of the Justice Department's motion seeking to bar the former Binance chief from leaving the country due to flight risk.

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ForkLog 22 27.11.2023

U.S. DOJ: Changpeng Zhao could face up to ten years in prison

Former Binance chief Changpeng Zhao (CZ) should remain free before the verdict, but not leave the United States due to a “managed flight risk”. Such language appears in the DOJ’s new filing.

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