On September 21, news, according to the official account of the Securities Times, Zhao Changpeng, the "former richest man of Chinese people", confirmed that he was about to be released from prison. According to relevant reporters on the official website of the Bureau of Prisons, Zhao Changpeng's current position has been updated to the Resident Reentry Management (RRM), which is located in Long Beach, central California. This means that he is being prepared and evaluated before returning to society. If everything is normal, he will return to society on September 29th.
Zhao Changpeng was born in Lianyungang, Jiangsu and is a Chinese Canadian entrepreneur. In 2017, Zhao Changpeng founded Binance and quickly became a global cryptocurrency exchange, providing trading platforms for over 150 cryptocurrencies. At the end of 2021, against the backdrop of the surge in many cryptocurrencies such as Bitcoin, Zhao Changpeng once became the richest Chinese with a net worth of $94.1 billion (approximately 634.8 billion yuan). According to Forbes' ranking, as of April 2024, Zhao Changpeng still has a wealth of over 30 billion US dollars.
During Zhao Changpeng's imprisonment, Bitcoin fluctuated up and down by over $20000. In April of this year, when Zhao Changpeng was imprisoned, Bitcoin reached $71000 and then entered a period of significant volatility, falling below $50000 at one point. The latest price is 63192 US dollars. Zhao Changpeng was born in Lianyungang, Jiangsu and is a Chinese Canadian entrepreneur. In 2017, Zhao Changpeng founded Binance and quickly became a global cryptocurrency exchange, providing trading platforms for over 150 cryptocurrencies. At the end of 2021, against the backdrop of the surge in many cryptocurrencies such as Bitcoin, Zhao Changpeng once became the richest Chinese with a net worth of $94.1 billion (approximately 634.8 billion yuan). According to Forbes' ranking, as of April 2024, Zhao Changpeng still has a wealth of over 30 billion US dollars.
