‘What Coin Should I Buy?’—Binance Founder Changpeng Zhao Shares Anecdotes From 4-Month Prison Stint
Posted On October 31, 2024
Binance founder Changpeng Zhao revealed that prison guards at a California correctional facility approached him for cryptocurrency investment tips, even as he faced legal consequences for money laundering violations tied to his exchange.
What Happened: Speaking at the Binance Blockchain Week in Dubai, he said, “A couple of guards recognized me and then asked me, ‘What coin should I buy?'” Zhao, commonly known as “CZ” in the crypto world, noted that he explained to them he had no internet access and limited information due to confinement.
“I told them, look, I’m inside. I don’t have any access to information… so we don’t talk about crypto,” he said.
Despite his situation, the guards’ …
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