Binance founder CZ says will not return to crypto exchange after imprisonment
Zhao Changpeng, co-founder and former CEO of Binance, said he does not want to return as the company’s chief executive in his first public appearance after a four-month prison stint in the US.
The 47-year-old Chinese-Canadian entrepreneur, known widely in the industry by his initials CZ, was sentenced to a California prison in May for failing to take required anti-money-laundering measures while he headed the world’s largest cryptocurrency exchange. He was released in September.
In an interview on Thursday during the Binance Blockchain Week conference, his first public event since leaving prison, Zhao said he will not consider returning to helm the company he started in 2017.
“I think in the judge’s mind, he treated me very…
