Bitcoin24h $93,825.41-0.31%

Ethereum24h $3,370.55+3.94%

XRP24h $2.23+4.25%

BNB24h $686.57+6.11%

Solana24h $187.27+5.73%

Dogecoin24h $0.3183+3.84%

Cardano24h $0.9017+3.76%

TRON24h $0.2510+3.46%

Avalanche24h $38.03+6.06%

Chainlink24h $23.80+9.20%

Binance founder CZ made $12B overnight when Donald Trump won

Changpeng Zhao, aka CZ, was one of crypto’s biggest beneficiaries of Donald Trump’s victory over Kamala Harris.

CZ’s release was supposed to launch Uptober — instead, we lost $200B

In an ironic twist of luck that few predicted, crypto prices apparently performed better while CZ was in prison.

Although most of his wealth comes from equity in private companies, Forbes claims that CZ could personally have made billions while in prison.

Disgraced Binance founder Changpeng Zhao hinted that with “nothing else to do” during his four months in prison, he might just write a book.

The modified bond requires former Binance CEO Changpeng Zhao to hand over his passports and keep the US updated on his travels.