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Former Binance CEO Changpeng <a href="https://insidebitcoins.com/news/forbes-list-shows-17-crypto-billionaires-led-by-binance-founder-changpeng-zhao-and-coinbase-ceo-brian-armstrong" rel="noopener noreferrer nofollow">Zhao</a> has shared his future plans in his first lengthy tweet since his release from prison after serving a 4-month sentence.
“Gm, the food taste so good…,” Zhao said in the Sept. 29 <a href="https://x.com/cz_binance/status/1840265403882152232" rel="noopener noreferrer nofollow">post</a>. ”And what a luxury to be able to have more than one piece of fruit per day!”
<img decoding="async" src="https://watcher.guru/news/wp-content/uploads/2024/09/Binance-Changpeng-Zhao.jpg" alt="Binance Founder Changpeng Zhao Officially Released From Prison">
<h2 id="span-style-font-weight-400-changpeng-zhao-taking-a-brief-break-before-future-endeavors-span">Changpeng Zhao Taking A Brief Break Before Future Endeavors</h2>
The billionaire said that he will “chill for a bit” before figuring out what he will do next. He remains optimistic about what the future holds, and believes that the future always offers more opportunities than the past.
In the post, he shared that he will be focusing on <a href="https://insidebitcoins.com/news/giggle-academy-changpeng-zhaos-vision-for-universal-education" rel="noopener noreferrer nofollow">Giggle Academy</a>, which so far has “been going well.” This educational initiative will be one of his main focuses going forward, with Zhao saying that it will be a “big part” of his life for the next few years. The former Binance CEO will also be dedicating more “time and funding” to charity.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 My next project. <a href="https://twitter.com/GiggleAcademy?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@GiggleAcademy</a> (No logo yet)
 Free basic (grade 1-12 ish) education, for all. No revenue. Gamified. Adaptive.
 Read the Concept Paper at <a href="https://t.co/knqmZF0sQ8" rel="noopener noreferrer nofollow">https://t.co/knqmZF0sQ8</a>
 We are HIRING. Small team, work directly with CZ.
 — CZ 🔶 BNB (@cz_binance) <a href="https://twitter.com/cz_binance/status/1769877743607448029?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 19, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
In addition to Giggle Academy, Zhao intends to continue investing in blockchain and other decentralized technologies, as well as AI and biotech. He said that his investment decisions will be based on “long-term” impact rather than short-term returns.
After stepping down from his position at Binance, he also said that he is happy that the leading crypto exchange “seems to be doing well” without him “back-seat-driving.”
<h2 id="span-style-font-weight-400-binance-prioritized-growth-over-us-law-span">Binance Prioritized Growth Over US Law</h2>
Zhao’s prison sentence came after he pleaded guilty to charges linked to money laundering at Binance. A multi-year-long investigation by the US Department of Justice found that the exchange had allowed transactions linked to illegal activities such as terrorism and child exploitation to take place on its platform.
Prosecutors claimed that Zhao prioritized Binance’s growth over US law, after the court found that the exchange processed more than 100,000 illicit transactions. 
After admitting to letting these transactions take place on Binance, Zhao was sentenced <a href="https://insidebitcoins.com/news/binance-founder-changpeng-zhao-begins-four-month-sentence-in-low-security-california-prison" rel="noopener noreferrer nofollow">to four months in a low-security prison</a>. In addition to the jail time, Zhao also had to pay a $50 million personal fine.
Binance CEO Richard Teng has said <a href="https://www.binance.com/en/square/post/13260820175770" rel="noopener noreferrer nofollow">Zhao is permanently banned</a> from participating in the management of the world’s biggest crypto exchange, and not for three years, as was widely reported at the time of his sentence.
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Former Binance CEO Changpeng Zhao Shares Future Plans In First Tweet After Prison Release

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