tldr; Changpeng Zhao, former Binance CEO, reportedly made over $25 million per day during his 117-day prison term, according to Forbes. Despite being in prison for violations of the Bank Secrecy Act, Forbes estimates his net worth increased by at least $3 billion, reaching $61 billion by his release. However, Bloomberg’s more conservative estimate suggests he lost money, valuing his net worth at $30.8 billion. The discrepancy arises from differing valuations of his crypto assets and equity in Binance-affiliated companies.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
kirtash93 on
Meanwhile I struggle to make $69 per day being free. What am I doing wrong?
Every_Hunt_160 on
The BNB printer was still on when CZ was in prison !
InclineDumbbellPress on
Now this is what I call prison gains
hiorea on
4 month cliff bullish unlock
cr0ft on
I’d like to go to that prison for two weeks, please.
px403 on
Yup, once you have about 10 million dollars, you’re making 1%er salary with just passive income on the wealth you hold. If you have 100x that, you make 100x more.
Long_Lecture_1080 on
Prison was just a show for him. If I knew I was going to make 25 mil $ a day in prison, I would go in with a smile on my face.
HSuke on
Every time Jeff Bezos bends over to pick up a dollar, he makes something like $10000 just from passive income alone.
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tldr; Changpeng Zhao, former Binance CEO, reportedly made over $25 million per day during his 117-day prison term, according to Forbes. Despite being in prison for violations of the Bank Secrecy Act, Forbes estimates his net worth increased by at least $3 billion, reaching $61 billion by his release. However, Bloomberg’s more conservative estimate suggests he lost money, valuing his net worth at $30.8 billion. The discrepancy arises from differing valuations of his crypto assets and equity in Binance-affiliated companies.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Meanwhile I struggle to make $69 per day being free. What am I doing wrong?
The BNB printer was still on when CZ was in prison !
Now this is what I call prison gains
4 month cliff bullish unlock
I’d like to go to that prison for two weeks, please.
Yup, once you have about 10 million dollars, you’re making 1%er salary with just passive income on the wealth you hold. If you have 100x that, you make 100x more.
Prison was just a show for him. If I knew I was going to make 25 mil $ a day in prison, I would go in with a smile on my face.
Every time Jeff Bezos bends over to pick up a dollar, he makes something like $10000 just from passive income alone.
Based trader
Crime does pay