Changpeng Zhao (CZ), the founding father of the world’s largest cryptocurrency trade Binance, might have returned to the sector, judging by his latest statements.
As is thought, CZ, who was not too long ago sentenced to jail by the US and spent about 4 months in jail, was additionally compelled to depart his place as Binance CEO.
Nonetheless, evidently even when he leaves Binance, he can be extra concerned with the trade’s related cryptocurrency community, BNB Chain.
Zhao stated in an announcement minutes in the past that “BNB Chain has been saved in a cage for a very long time and it’s time to be launched from this cage.” As well as, he retweeted a put up from a follower who argued that “Zhao can’t be held captive” and said that he’ll now concentrate on BNB Chain.
Notably, CZ not too long ago launched a memecoin launch platform and its first memecoin to his followers, which launched on BNB Chain. The memecoin, referred to as Check (TST), was listed on Binance and had surpassed a market cap of $500 million. Nonetheless, in keeping with the most recent information, the token’s market cap has dropped to $163 million.
*This isn’t funding recommendation.
