CZ, the former CEO of Binance, posted on social media to respond to his sentence of four months in prison. In his post, CZ expressed his gratitude to everyone for their care and support, whether it is letters, solidarity on the X platform, or other forms, which have inspired him to stay strong. He said he will complete his sentence, end this phase, and focus on the next chapter of his life (education).
In addition, CZ stated that he will continue to be a passive investor (and holder) in cryptocurrencies. He noted that our industry has entered a new phase where compliance is very important. CZ also said that the silver lining of the whole process is that Binance has been under the microscope and the funds are SAFU's (i.e. safe). Finally, he stressed that it is crucial to protect users.
CZ: Will serve the end of his sentence and focus on the next chapter of his life
2024-05-01 00:38:51
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