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The Rise and Fall of CZ: Lessons for Crypto Entrepreneurs | by Crypto Entrepreneur | The Capital | Sep, 2024

September 27, 2024
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The Capital

Should you’re deep into the crypto world, then you definately’ve probably heard of Changpeng Zhao — higher referred to as CZ.

PS. Should you can’t learn this text due to the paywall, you possibly can subscribe right here — Sensible Wholesome Wealth E-newsletter. — the perk is you possibly can learn all my future medium articles free of charge and keep forward of the market with unique insights!

He’s not simply one other face within the business; CZ is the richest particular person in crypto and the mastermind behind Binance, the most important cryptocurrency trade on this planet. He constructed Binance from the bottom up, amassing over $60 billion alongside the best way. But, regardless of his immense success, CZ is at the moment behind bars, serving a four-month sentence.

Let’s take a deep dive into CZ’s rise, his crimes, and the secrets and techniques behind his journey. Extra importantly, let’s discover what we are able to study from his story as crypto buyers and entrepreneurs.

Born in Jiangsu, China, in 1976, CZ’s youth was something however glamorous. His father was a professor, and his mom was a trainer, and like many immigrants, their household confronted monetary difficulties. At 12 years outdated, CZ’s life took a flip once they moved to Canada, searching for higher alternatives. Think about being a…



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