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Chief Executive Officer Changpeng Zhao: His estimated wealth ballooned by almost $25 billion this year. Toward the end of a year when Bitcoin. Binance and CZ will pay almost $3B in total in settlement to the CFTC, effectively resolving the regulator's charges against them. CZ first came across Bitcoin in and was a bit hard by the BTC bug, which led him to sell his house in Shanghai and go all-in.

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In siding with federal prosecutors, U. Follow nikhileshde on Twitter. Retrieved 1 September Billionaire Binance founder Changpeng Zhao cannot leave the United States ahead of his criminal sentencing because of his "enormous wealth" and lack of U. Zhao was born in Lianyungang in China's Jiangsu province.