Title: Former Binance CEO Changpeng Zhao Travels the U.S. Networking and Planning Next Ventures
Changpeng Zhao, the founder of the cryptocurrency exchange Binance, has been on a whirlwind tour of the United States, networking with entrepreneurs and laying the groundwork for his next venture. Despite facing a possible prison sentence, Zhao has been enjoying his time traveling the country and meeting with influential figures in various industries.
Since pleading guilty to a money-laundering violation in November, Zhao has been on the move, visiting places like Montana, Telluride, Colo., and Moab, Utah. He has dined with former U.S. Senator Max Baucus, chatted about start-ups with Sam Altman of OpenAI, and expressed interest in investing in artificial intelligence and biotechnology.
Despite the legal troubles he faces, Zhao is already looking towards the future. With a $33 billion fortune, he recently announced plans to start a new web platform for online education. He has also been in talks with biotech start-ups and is focused on disease prevention using blockchain technologies.
While prosecutors are seeking a three-year prison term for Zhao, many in the crypto industry continue to support him. Dozens of current and former Binance employees have submitted letters to the judge overseeing his case, asking for leniency. Despite the challenges he faces, Zhao remains optimistic about his future endeavors.
As he awaits his sentencing in federal court in Seattle, Zhao continues to meet with influential figures and explore new opportunities. His travels and networking efforts have not gone unnoticed, and he remains determined to make a positive impact in the world of technology and entrepreneurship.