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Binance co-founder Changpeng Zhao: Crypto industry in new phase! 🚀

Binance co-founder Changpeng Zhao: Crypto industry in new phase! 🚀

**Resume: CZ Thanks Supporters Following Sentencing**

Binance co-founder CZ expresses gratitude to supporters after being sentenced to four months in prison for breaking compliance rules.

**CZ’s Appreciation**

– CZ thanks everyone for their care and support through letters, messages, and other forms.
– He acknowledges the strength gained from the support received during this challenging time.

**Sentencing Details**

– Sentenced in Seattle for pleading guilty to anti-money laundering violations.
– CZ agrees to pay a $50 million fine as part of the sentencing.

**Future Plans**

– The former CEO plans to focus on education through his project, Giggle Academy.
– CZ intends to remain a passive investor in the crypto industry.

**Focus on Compliance**

– Emphasizes the importance of compliance in the evolving industry.
– Ensures Binance users that funds are secure amid scrutiny.

**Hot Take: CZ’s Uphill Battle**

Despite the challenges CZ faces, his commitment to education and compliance shows perseverance and a positive outlook for the future.

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Binance co-founder Changpeng Zhao: Crypto industry in new phase! 🚀