Uploaded December 2024 | Updated September 2026, 2 weeks ago
You probably haven’t heard of a man named Changpeng Zhao or CZ, but you’ve likely heard of his company: Binance. Binance is one of the largest crypto currency exchanges in the world if not the largest, and it’s founder was CZ. CZ has been a huge crypto enthusiast since day one. In fact, he sold his apartment just so he could buy more Bitcoin, so it’s not surprising that he eventually created a platform for others to buy and trade crypto. He made a fortune doing this, rising to a peak net worth of $96 billion, but not everything was sunshine and rainbows. Binance wasn’t involved in straight-up fraud like FTX but they had a habit of turning a blind eye to shady activities occurring on their platform like money laundering which would eventually catch up to CZ. This video tells the extraordinary rise and fall story of Binance founder: Changpeng Zhao.
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Timestamps:
0:00 - Risky Beginnings
3:53 - Fraud
5:58 - From Bad To Worse
9:06 - Surprising New Developments
Resources:
pastebin.com/RAwTRsxe
Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
silomarkets.com/disclosures
You probably haven’t heard of a man named Changpeng Zhao or CZ, but you’ve likely heard of his company: Binance. Binance is one of the largest crypto currency exchanges in the world if not the largest, and it’s founder was CZ. CZ has been a huge crypto enthusiast since day one. In fact, he sold his apartment just so he could buy more Bitcoin, so it’s not surprising that he eventually created a platform for others to buy and trade crypto. He made a fortune doing this, rising to a peak net worth of $96 billion, but not everything was sunshine and rainbows. Binance wasn’t involved in straight-up fraud like FTX but they had a habit of turning a blind eye to shady activities occurring on their platform like money laundering which would eventually catch up to CZ. This video tells the extraordinary rise and fall story of Binance founder: Changpeng Zhao.
Earn Cash Back On Stocks: Up To $5,000 Per Year
silomarkets.com/logic
Free Weekly Newsletter With Insiders:
logicallyanswered.co
Socials:
instagram.com/hariharan.jayakumar
Discord Community:
discord.gg/SJUNWNt
Timestamps:
0:00 - Risky Beginnings
3:53 - Fraud
5:58 - From Bad To Worse
9:06 - Surprising New Developments
Resources:
pastebin.com/RAwTRsxe
Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
silomarkets.com/disclosures
