Golden Web3.0 Daily | FTX sues Binance and its former CEO Changpeng Zhao
Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.
Beyond family and philanthropy, the now-free Zhao may turn his attention to a third pursuit: the cryptocurrency industry that made him his fortune and allowed him to dominate for nearly a decade.
Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.
Binance founder Changpeng Zhao CZ started serving a 4-month prison sentence at the beginning of this month, becoming the wealthiest incarcerated individual in the U.S. His wealth surged dramatically due to the Binance Coin (BNB) reaching an all-time high in the past week.
Despite his four-month prison sentence, Changpeng Zhao’s $33B personal net worth, which is set to keep growing, makes him the richest US inmate in history.
Changpeng Zhao's wealth has grown to 130 billion yuan (US$18 billion), ranking 100th on the Hurun list.
The CFTC achieved a major legal triumph when the U.S. District Court granted approval for the settlement with Binance and its CEO.
The speculation triggered a slump of over 3% in BNB price and around 1% for BTC price.
He initiated a $1 billion industry recovery fund to help crypto companies.