Changpeng Zhao Will Write a Book in Jail
The former Binance CEO intends to spend his four-month prison sentence productively. Changpeng Zhao plans to write his own book.
On his social media, Zhao emphasized that he has had "quiet time" and will do something productive during the next four months of his sentence. Zhao plans to write a book since he will have nothing else to do.
I got some "quiet time" coming up. Will use that to write something.
— CZ 🔶 BNB (@cz_binance) May 12, 2024
The community is speculating what the book might be about and is leaning towards it being a memoir. Therefore, the community will get a chance to get a glimpse of the underside of the scandals within the crypto industry. Earlier, writer Michael Lewis outlined the story of the rise and fall of Sam Bankman-Fried in Going Infinite. To recall, the former FTX CEO was charged with seven counts of fraud and will spend 25 years behind bars.
Meanwhile, Changpeng Zhao remains the richest prisoner in U.S. history. Prosecutors had previously sought a harsher sentence for Zhao, but the court took into account the ex-Binance CEO's exemplary behavior and gave him a minimum sentence of four months.
Following the charges, Zhao founded Giggle Academy, a blockchain-based, non-revenue generating children's education platform.
Changpeng Zhao Sam Bankman-Fried Binance
