Changpeng Zhao, CEO of leading cryptocurrency exchange Binance, claims to have not cashed in on any of his cryptocurrency holdings since launching the platform. Zhao made his comments in a post to Chinese social media platform Weibo.
He said (roughly translated):
Looking at the wallet... I haven’t cashed in since Binance. Binance is still a baby and continues to grow.
Zhao was replying to the most recent iteration of the Hurun Rich List, which catalogs the world’s wealthiest citizens. According to the report, Zhao has overtaken Bitmain co-founder Micree Ketuan Zhan to become the world’s wealthiest person involved in blockchain and cryptocurrency, with an estimated net worth of $2.6 billion. Read More...