🎤 CZ May Sell His Controlling Stake in Binance — Bloomberg Interview
Former Binance CEO Changpeng Zhao gave his first major interview to Bloomberg after his release from prison. Key points include:
📌 CZ still holds a controlling stake in Binance, which he has been offered to sell.
However, he hasn’t taken any action yet and is open to considering each offer.
📌 Following Trump’s victory, Zhao’s net worth increased by $12.1 billion, reaching a current total of $53 billion, placing him among the top 25 richest people in the world.
📌 He no longer participates in decision-making at Binance and has no desire to return.
📌 In prison, he spent most of his time doing push-ups, writing books, and eating terrible prison food.
He also befriended an inmate serving a 25-year sentence who is knowledgeable about cryptocurrency and blockchain.
Mine Digital’s Ex-CEO Pulled a Vanishing Bitcoin Act! 🙀
Looks like the former CEO of Australian crypto exchange, Mine Digital, is in deep trouble after allegedly swiping $1.5M (AUD 2.2M) from a customer who wanted to trade it for Bitcoin. 💸💨
ASIC claims the ex-CEO, Grant Colthup, took the cash and... well, it’s gone! He allegedly used it to settle some debts or buy crypto for others, right before the exchange went bust in September 2022. Now, creditors are chasing $16M!
In today's crazy twist, the Bitcoin that vanished could now be worth up to $5M! 😱 Colthup might be facing up to 20 years behind bars for his disappearing act, but hey, that’s what happens when you mix Bitcoin and bad decisions!
🐳 2024 is the year of a sharp rise in the population of young Bitcoin whales.
New wallets with balances of 1,000 BTC or more have accumulated 1.97 million BTC, with an average coin age of less than 155 days.
💸 These balances have grown by 813% since the beginning of the year (to $132 billion), concentrating 9.3% of the total supply.
PS: You can read my other related crypto post below
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Watch the video below