After serving a four-month sentence, Changpeng Zhao, the founder and former CEO of Binance, is now focusing on his future plans. One of the key projects he is dedicating his time to is the Giggle Academy, an education startup aimed at reducing global illiteracy rates. Zhao emphasizes that this non-profit organization will play a significant role in his life for the next few years.
Launched earlier this year, Giggle Academy’s mission is to provide free basic education from grade 1 to 12 in an entertaining manner for children worldwide. The platform offers an adaptive individualized curriculum, all online and without any revenue-generating model.
In addition to his commitment to Giggle Academy, Zhao plans to invest in blockchain, decentralized technologies, artificial intelligence, and biotechnology as a long-term investor focused on impact rather than returns. He also intends to allocate more time and resources to charitable causes and education, sharing that he has some ideas in mind for future initiatives.
Furthermore, Zhao reveals that he is in the process of writing a book about his life, with about two-thirds of the work completed. Despite the challenges of the writing process, he is determined to see this project through to completion.
Following his release from prison on September 27th, Zhao spent time at a minimum security facility in California and a halfway house to complete his sentence for violating US anti-money laundering laws. He resigned as the CEO of Binance in 2023 and was fined $50 million. Despite these legal challenges, Zhao remains committed to being a passive investor in the cryptocurrency industry and holding onto his crypto assets.
In conclusion, Changpeng Zhao’s post-prison plans encompass a diverse range of endeavors, including continuing his work with Giggle Academy, investing in innovative technologies, contributing to charitable causes, and completing his autobiography. As he moves forward from his past legal troubles, Zhao is determined to make a positive impact in various spheres of his life.