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Ex-Binance CEO Changpeng Zhao Eyes Blockchain, AI Investments Post-Prison

After serving a four-month sentence, Zhao plans to focus on long-term investments and educational initiatives.

  • Changpeng Zhao, former CEO of Binance, was released from US federal custody after a four-month sentence for money laundering charges.
  • Zhao is barred from managing or operating Binance for three years as part of his 2023 plea deal, which also included a $50 million fine.
  • He expressed plans to invest in blockchain, decentralized technology, artificial intelligence, and biotechnology.
  • Zhao aims to dedicate significant time to Giggle Academy, a nonprofit online education platform offering free education for grades 1-12.
  • He is also working on a book and plans to increase his involvement in charitable activities.
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