Binance founder Zhao Changpeng: A legendary journey from international student to encryption tycoon

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From Startup Pioneer to Encryption Tycoon: The Legendary Life of Zhao Changpeng

Zhao Changpeng's life trajectory is filled with legendary colors. From a Canadian international student to the founder of the world's largest encryption cryptocurrency exchange, his story witnesses the rise and fall of the encryption industry.

Zhao Changpeng: From Entrepreneurial Pioneer to Encryption Old Money

In 1989, 12-year-old Zhao Changpeng moved to Vancouver with his father, beginning his overseas journey. In 1995, he enrolled at McGill University, first studying biology and then switching to computer science. At the age of 20, he interned at the Tokyo Stock Exchange and then followed in the footsteps of Bill Gates, dropping out to focus entirely on programming.

In 2001, Zhao Changpeng joined Bloomberg to develop trading software. In 2005, at the age of 28, he left Bloomberg and returned to Shanghai to start his own business. He founded Fusion Systems, a company that provides high-frequency trading SaaS systems. This experience laid the foundation for his later establishment of Binance.

In 2013, Zhao Changpeng was introduced to Bitcoin through a friend. Since then, he has immersed himself in the encryption industry, working at Blockchain.info and another trading platform. In 2014, he met He Yi, who would later become the co-founder of Binance.

In June 2017, Binance was officially established. With the support of He Yi's operational capabilities, Binance became the world's largest encryption cryptocurrency exchange in just 165 days. In 2018, Zhao Changpeng entered the Forbes cryptocurrency billionaire list with a net worth of $2 billion.

Zhao Changpeng: From Entrepreneurial Pioneer to Encryption Old Money

However, in March 2023, Zhao Changpeng was sued by the United States for violating anti-money laundering regulations. He eventually resigned as CEO of Binance and was briefly imprisoned in April 2024. After his release, the 47-year-old Zhao Changpeng settled in the UAE, focusing on educational charity and blockchain investment.

Zhao Changpeng's experience showcases the ups and downs of the encryption industry. He entered with technical expertise and promoted the popularity of cryptocurrencies through Binance. Although he has faced setbacks recently, he is still exploring new applications of blockchain technology. As a veteran in the industry, Zhao Changpeng's future moves are worth paying attention to.

Zhao Changpeng: From Entrepreneurial Pioneer to Encryption Old Money

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BlockchainArchaeologistvip
· 5h ago
Old money is just old money; the foundation is different.
View OriginalReply0
MrRightClickvip
· 5h ago
Dropping out to start a business, fully cueing Gates
View OriginalReply0
SnapshotStrikervip
· 5h ago
The kid knows how to play.
View OriginalReply0
Ser_APY_2000vip
· 5h ago
So it turns out I'm going to jail~
View OriginalReply0
DisillusiionOraclevip
· 5h ago
Dropping out of school can also lead to wealth. Could it be that I can too?
View OriginalReply0
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