look news india
If anyone is found guilty of violating any law, he is punished, whether he is rich or a poor person living in a small hut. Meanwhile, we will talk about the richest prisoner of the country. Recently the founder and CEO of the world's largest cryptocurrency exchange went to jail and you will be surprised to know his net worth.
The most powerful person in the crypto industry
Changpeng Zhao, the founder and CEO of Binance, the world's largest cryptocurrency exchange, has been sentenced to four months in prison. The decision comes after he was found guilty of violating US money-laundering and sanctions laws.
The founder of the world's largest cryptocurrency exchange was once the most powerful man in the crypto industry. Meanwhile, he has become the second major crypto boss to be jailed after FTX's Sam Bankman-Fried.
What is Changpeng Zhao's net worth?
Changpeng Zhao is the richest person in prison in the entire United States and possibly the world. According to Bloomberg, his personal wealth is worth billions of dollars i.e. about Rs 12 crore. 35 trillion 89 billion 79 lakh rupees. Notably, the 47-year-old CEO had resigned from the post of CEO of Binance last year.