- CZ plans to extend his influence through charity and educational projects, focusing on impactful technology investments.
- Despite minimal market impact, CZ’s release viewed positively; plans to engage with cryptocurrency community at conferences.
Changpeng Zhao has been released from custody in the United States after serving a four-month sentence for willfully violating U.S. laws. Now free, CZ has expressed a strong commitment to continue investing in cryptocurrencies, artificial intelligence, and biotechnology sectors.
Following his release from a reentry center in San Pedro, California, where he was transferred in late August after spending three months in a low-security jail, CZ outlined his future intentions.
gm
— CZ 🔶 BNB (@cz_binance) September 28, 2024
He communicated via X, a micro-messaging platform, emphasizing his role as a long-term investor focused on impactful technologies rather than immediate returns.
“I will continue investing in decentralized and blockchain technologies, artificial intelligence, and biotechnology. I am an investor who cares about impact, not just returns. I will also dedicate more time and funds to charitable and educational efforts. I have some preliminary ideas,” CZ stated.
On a lighter note, CZ greeted his followers with a simple “Good Morning” on Friday, which triggered an outpouring of positive reactions. His release, initially scheduled for today, was expedited by two days due to Federal Bureau of Prisons policies that allow for the release of an inmate if their scheduled release date falls on a weekend or a holiday.
The crypto community has viewed CZ’s release as a potentially positive signal for the market. However, the immediate impact on cryptocurrency prices has been minimal, with only slight fluctuations noted in the past 24 hours.
gm, the food taste so good… And what a luxury to be able to have more than one piece of fruit per day!
I know some of you may have a lot of questions. I won't have all the answers.
Let me chill for a bit. Then figure out the next steps. There are always more opportunities in… https://t.co/9hvgp8Bo97
— CZ 🔶 BNB (@cz_binance) September 29, 2024
In a subsequent tweet, CZ shared his appreciation for the simple pleasures of everyday life, such as enjoying more than one piece of fruit per day, reflecting his gratitude for community support during his “darkest moments.” He also noted that he would take some time to reflect on his future.
One of his major projects, Giggle Academy—an educational platform aimed at teaching children in developing countries—remains a key focus for CZ. Despite stepping down as CEO of Binance, he plans to stay active in the cryptocurrency world and serve as a mentor to new entrepreneurs.
He also hinted at his continued presence in the community, stating, “stay tuned. See you at the conferences.”
Furthermore, CZ revealed he is working on a book detailing his experiences and lessons learned throughout his career, indicating that the manuscript is relatively advanced. This book aims to offer insights into his journey and the broader implications of blockchain and crypto innovations.
