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The Rise and Fall of CZ: Lessons for Crypto Entrepreneurs

28 September 2024
in Altcoin
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If you happen to’re deep into the crypto world, then you definitely’ve probably heard of Changpeng Zhao — higher referred to as CZ.

PS. If you happen to can’t learn this text due to the paywall, you possibly can subscribe right here — Smart Wholesome Wealth E-newsletter. — the perk is you possibly can learn all my future medium articles without spending a dime and keep forward of the market with unique insights!

He’s not simply one other face within the business; CZ is the richest individual in crypto and the mastermind behind Binance, the most important cryptocurrency trade on this planet. He constructed Binance from the bottom up, amassing over $60 billion alongside the way in which. But, regardless of his immense success, CZ is at present behind bars, serving a four-month sentence.

Let’s take a deep dive into CZ’s rise, his crimes, and the secrets and techniques behind his journey. Extra importantly, let’s discover what we will be taught from his story as crypto traders and entrepreneurs.

Born in Jiangsu, China, in 1976, CZ’s formative years was something however glamorous. His father was a professor, and his mom was a instructor, and like many immigrants, their household confronted monetary difficulties. At 12 years previous, CZ’s life took a flip once they moved to Canada, in search of higher alternatives. Think about being a…



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