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The Rise and Fall of CZ: Lessons for Crypto Entrepreneurs | by Crypto Entrepreneur | The Capital | Sep, 2024

1 year ago
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The Capital

Should you’re deep into the crypto world, you then’ve seemingly heard of Changpeng Zhao — higher often known as CZ.

PS. Should you can’t learn this text due to the paywall, you’ll be able to subscribe right here — Sensible Wholesome Wealth Publication. — the perk is you’ll be able to learn all my future medium articles at no cost and keep forward of the market with unique insights!

He’s not simply one other face within the trade; CZ is the richest particular person in crypto and the mastermind behind Binance, the most important cryptocurrency change 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 the moment 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 are able to be taught from his story as crypto traders and entrepreneurs.

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



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