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

September 28, 2024
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The Capital

If you happen to’re deep into the crypto world, you then’ve seemingly heard of Changpeng Zhao — higher often called CZ.

PS. If you happen to can’t learn this text due to the paywall, you possibly can subscribe right here — Clever Wholesome Wealth E-newsletter. — the perk is you possibly can learn all my future medium articles at no cost and keep forward of the market with unique insights!

He’s not simply one other face within the business; CZ is the richest individual in crypto and the mastermind behind Binance, the most important cryptocurrency alternate on the planet. He constructed Binance from the bottom up, amassing over $60 billion alongside the way in which. 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 be taught 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 previous, CZ’s life took a flip once they moved to Canada, looking for higher alternatives. Think about being a…



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