New York, May 1 (Epicstorian News) – Changpeng Zhao, the founder of the world leading cryptocurrency trading platform, Binance, released an optimistic statement while leaving the court room on Tuesday.
The founder and former CEO of Binance thanked his supporters, friends , and all who had sent him a letter of encouragement before the trial.
Zhao reassured them that he would continue to passively invest in cryptocurrencies, and hold the assets while speculating prices.
Reaffirming his strong passion for initiating new crypto projects, Zhao said Binance and every crytocurrency “industry has entered a new phase”.
I his statement Mr Zao said, ”I would like to thank everyone for the interest and support you have shown by writing a letter, through X or in any other way.
“They all mean a lot to me and make me strong. I will complete my sentence and finish this phase and focus on the next part of my life (education).
“I will remain a passive investor (and holder) in crypto. Our industry has entered a new phase. Compatibility is very important.
Mr Zhao urged users of the Binance platform to not panic over fear of loss of their funds or crypto assets while he left to serve four months in prison.
“The fact that Binance has been put under the lens during this entire process is a ray of hope. And the funds are SAFU (safe).”
In court, the Judge presiding over his case, Jones, acknowledged the absence of any direct evidence linking Mr Zhao to specific illegal acts—resulting in a reduced sentence.
However, in spite of this setback, Zhao’s vision and commitment to education through initiatives like Giggle Academy has shown his all-out dedication to the success, development, and growth of the cryptocurrency world.
Please, follow us on X @Epicstoriannews for more World News and politics and Africa News exclusive, global News updates.
