After nearly four months in detention, Binance founder Zhao Changpeng (CZ) was released in late September. CZ announced late on October 10 that he would attend Binance Blockchain Week in Dubai from October 30-31. He emphasised that he will be attending in a personal capacity, as per the agreement with the U.S. Department of Justice. Though no longer involved in Binance’s operations, his influence as its largest shareholder remains strong within the crypto industry.
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In a post on September 29, CZ detailed his future plans. He mentioned his intention to take some time to reflect and plan the next steps of his career. His investments will continue to focus on blockchain, decentralisation, AI, and biotechnology, emphasising long-term impacts over short-term gains.
CZ is particularly focused on his project, Giggle Academy, which he views as a major part of his future. Additionally, he intends to contribute more towards charitable causes and education. He is also working on completing his book, which is about two-thirds finished.
Despite his absence from Binance’s operations, CZ expressed satisfaction with the company’s progress, stating that every founder’s dream is to see their business succeed independently.
Read more: CZ Zhao's Next Move After Prison: 'Let Me Chill First,' Then Back to Blockchain Investments
While CZ’s influence remains substantial, it raises questions about his role’s impact on Binance and the broader crypto market, especially under legal scrutiny.