Changpeng Zhao
| Use attributes for filter ! | |
| Gender | Male |
|---|---|
| Age | 47 |
| Born | Jiangsu |
| China | |
| Net worth | Forbes |
| Known for | Binance |
| Co-founder and CEO of Binance | |
| Founded | Binance |
| Date of birth | January 1,1977 |
| Zodiac sign | Virgo |
| Alma mater | McGill University |
| Other name | CZ |
| Nationality | Canadian |
| Education | McGill University |
| McGill University School of Computer Science | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 658890 |
Changpeng Zhao Life story
Changpeng Zhao, commonly known as CZ, is a Chinese-born Canadian businessman, investor, and software engineer. Zhao is the co-founder and CEO of Binance, the world's largest cryptocurrency exchange by trading volume as of July 2022.
Cristiano Ronaldo faces $1bn lawsuit over Binance ads
... Its chief executive, Changpeng Zhao, resigned from the firm, having admitted money laundering violations...
Binance chief pleads guilty to money laundering
...By James ClaytonBBC North America technology reporterThe chief executive of Binance, Changpeng Zhao, has resigned after pleading guilty to money laundering...
Everyone got duped by Sam Bankman-Fried's big gamble
... Then came that announcement on 6 November from industry rival, Binance CEO Changpeng Zhao, known as CZ, who said he would dump his own sizable stores of FTT...
FTX: Court says Sam Bankman-Fried ran FTX as a 'personal fiefdom'
......
The fall of the FTX ‘King of Crypto' Sam Bankman-Fried
... Binance CEO Changpeng Zhao told his 7...
Twitter to make job cuts after Elon Musk takeover
... Earlier, Changpeng Zhao, its chief executive, said that " a slimmer workforce would make more sense"...
Cryptocrash: ‘I was arrested for knocking on Luna boss's door'
... Changpeng Zhao, chief executive of crypto exchange company Binance, described Mr Kwon s plan as " wishful thinking"...
Elon Musk lines up $7bn backing for Twitter deal
... Binance chief founder Changpeng Zhao shared news of the deal on the social media site, casting it as a step toward " Crypto Twitter"...
FTX: Court says Sam Bankman-Fried ran FTX as a 'personal fiefdom'
By Joe TidyCyber reporter
Troubled crypto firm FTX collapsed after being " run as a personal fiefdom of Sam Bankman-Fried" a US bankruptcy court has heard.
The former FTX boss led The Firm once valued at $32bn (£27bn), but lacked basic money controls, a lawyer leading the bankruptcy proceedings said.
The true state of FTX's finances was only now being understood, He Said .
He also claimed Mr Bankman-Fried's team spent roughly $300m on Holiday Homes and property for senior staff.
Only now do we realise that " the emperor had no clothes, " attorney James Bromley said, describing The Situation as " one of most abrupt and difficult collapses in the history of corporate America. "
FTX was a cryptocurrency exchange allowing people to buy Bitcoin and other cryptocoins in exchange for traditional money. Many customers used their FTX digital wallets like bank accounts, expecting their funds to be safe.
Judge John T Dorsey was given a detailed history of FTX and how it grew rapidly, moving countries multiple times in its seven-year lifespan.
The Court was shown a timeline of how it became the second-largest cryptocurrency exchange before collapsing in just Eight Days once details about The Company 's lack of financial stability were leaked online.
Mr Bankman-Fried resigned and The Firm filed for bankruptcy protection, seeking The Court 's oversight as it attempts to resolve its debts.
More Than one million investors had cryptocurrency stored on the FTX exchange and are owed money, which they may not get back.
Company records show FTX customers were based in 27 separate countries with Cayman Islands , Virgin Islands, Great Britain and China having the highest proportion of users.
Timeline of the FTX collapseIt's not known how much money FTX retained after the collapse but lawyers say that at least some of The Firm 's cryptocurrency assets have apparently been stolen by hackers.
" We Are under constant cyber-attack and We Are trying to defend against these attacks, " Mr Bromley said.
The bankruptcy team also said FTX has custody of the data of millions of customers.
During a court recess some participants spoke about how they had lost money in the FTX collapse, with one saying they lost their life savings.
The Next hearing is scheduled for 11 January .
Source of news: bbc.com
Changpeng Zhao Photos
