Billion-Dollar Lesson That You Can Learn In Cryptocurrency

Here is a billion-dollar lesson that you can learn in cryptocurrency right before your eyes. You don't have to fall victim to this.

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CZ is banned from any present or future involvement in managing Binance, which is the world's biggest centralized exchange.

FTX exchange went bankrupt. The founder went to jail. Then we have this CZ going to jail as well. isn't that kind of crazy?

Doesn't that kind of blow your mind a little bit?

He has a lifetime ban on managing or operating the centralized exchange, according to CEO Richard Tang. He's still allowed to be looking at the performance of the company and making changes to the CEOs and the new board members as a shareholder, of course.

So he'll still have his hands in there and, you know, he'll still be making adjustments. But he is no longer himself. He lost his business.

He pleaded guilty to money laundering. He's coming out of prison on September 29th, this month.

And I believe the lesson we can learn from this is don't get too greedy too fast. Because although he made a lot of money, I do believe there's going to be bigger projects that definitely took the longer approach.

And in 10, 20 years, they're going to be making significantly more money than him.