news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

binance co-founder changpeng zhao has pledged to continue investing in blockchain as well as artificial intelligence and biotech, his first public comments since being released from prison in the united states.

the cryptocurrency tycoon posted on social media platform x over the weekend, describing himself as a long-term investor who cares about "impact, not returns."

binance was fined $4.3 billion in november under a plea agreement to resolve u.s. charges that it failed to take appropriate action, allowing criminals and terrorist groups to use the exchange. changpeng zhao agreed to pay a $50 million personal fine and was later sentenced to four months in prison. he was released from a california prison on september 27.

changpeng zhao said that his new project, called giggle academy, is a non-profit online education platform and "will become an important part of my life." he also wrote:

“will continue to invest in blockchain/decentralized technologies, artificial intelligence and biotech. i am a long-term investor who cares about impact rather than returns. i will also devote more time and money to charity (and education). i have some rough ideas."

he also said he would devote more time and money to charity.

as the world’s largest cryptocurrency exchange, binance is key to trading digital assets and related derivatives. according to the plea agreement, changpeng zhao resigned as ceo and was replaced by richard teng. the platform also faces years of compliance monitoring from the u.s. department of justice and treasury department’s financial crimes enforcement network.

source: sina.com

[disclaimer] this article only represents the author's own views and has nothing to do with hexun.com. hexun website remains neutral with respect to the statements and opinions in the article, and does not provide any express or implied guarantee for the accuracy, reliability or completeness of the content contained. readers are advised to use it for reference only and assume full responsibility at their own risk. email: [email protected]