The Richest Man Who Ever Went To Jail | Logically Answered 705a5y

The Richest Man Who Ever Went To Jail You probably haven’t heard of a man named Changpeng Zhao or CZ, but you’ve likely heard of his company: Binance. Binance is one of the largest crypto currency exchanges in the world if not the largest, and it’s founder was CZ. CZ has been a huge crypto enthusiast since day one. In fact, he sold his apartment just so he could buy more Bitcoin, so it’s not surprising that he eventually created a platform for others to buy and trade crypto. He made a fortune doing this, rising to a peak net worth of $96 billion, but not everything was sunshine and rainbows. Binance wasn’t involved in straightup fraud like FTX but they had a habit of turning a blind eye to shady activities occurring on their platform like money laundering which would eventually catch up to CZ. This video tells the extraordinary rise and fall story of Binance founder: Changpeng Zhao. Earn Cash Back On Stocks: Up To $5,000 Per Year https://www.silomarkets.com/logic Free Weekly Newsletter With Insiders: https://logicallyanswered.co/ Socials: https://www.instagram.com/hariharan.jayakumar/ Discord Community: https://discord.gg/SJUNWNt Timestamps: 0:00Risky Beginnings 3:53Fraud 5:58From Bad To Worse 9:06Surprising New Developments Resources: https://pastebin.com/RAwTRsxe Disclaimer: This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research. https://www.silomarkets.com/disclosures Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered. Find Logically Answered on YouTube: https://www.youtube.com/@LogicallyAnswered/ Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not d with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out. ------------- Learn more about your ad choices. Visit megaphone.fm/adchoices 28155