tldr; Changpeng Zhao, former Binance CEO, reportedly made over $25 million per day during his 117-day prison term, according to Forbes. Despite being in prison for violations of the Bank Secrecy Act, Forbes estimates his net worth increased by at least $3 billion, reaching $61 billion by his release. However, Bloomberg’s more conservative estimate suggests he lost money, valuing his net worth at $30.8 billion. The discrepancy arises from differing valuations of his crypto assets and equity in Binance-affiliated companies.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
kirtash93 on
Meanwhile I struggle to make $69 per day being free. What am I doing wrong?
Every_Hunt_160 on
The BNB printer was still on when CZ was in prison !
InclineDumbbellPress on
Now this is what I call prison gains
hiorea on
4 month cliff bullish unlock
cr0ft on
I’d like to go to that prison for two weeks, please.
6 Comments
tldr; Changpeng Zhao, former Binance CEO, reportedly made over $25 million per day during his 117-day prison term, according to Forbes. Despite being in prison for violations of the Bank Secrecy Act, Forbes estimates his net worth increased by at least $3 billion, reaching $61 billion by his release. However, Bloomberg’s more conservative estimate suggests he lost money, valuing his net worth at $30.8 billion. The discrepancy arises from differing valuations of his crypto assets and equity in Binance-affiliated companies.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Meanwhile I struggle to make $69 per day being free. What am I doing wrong?
The BNB printer was still on when CZ was in prison !
Now this is what I call prison gains
4 month cliff bullish unlock
I’d like to go to that prison for two weeks, please.