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Zhao Changpeng

(赵长鹏)

Zhao Changpeng
赵长鹏
The latest news and top stories on Zhao Changpeng, the founder and largest shareholder of the cryptocurrency exchange Binance. Also known as CZ, he has a background in software engineering and high-frequency trading systems, and previously served as the chief technology officer of OKCoin. He resigned as the CEO of Binance in November 2023 after a four-month jail term for pleading guilty to money laundering in the US. He now focuses on developing the BNB Chain, philanthropy through Giggle Academy and investing in blockchain, artificial intelligence and biotech.
Binance founder and former CEO Zhao Changpeng. Photo: AFP
Binance

UK investors sue Binance and founder Zhao Changpeng for US$200 million

Nearly 1,700 UK users have alleged that the world’s largest crypto exchange offered risky products without regulatory approval.

US-China relations

Trump urged to press Xi on Chinese money laundering tied to Mexican cartels

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Blockchain

Crypto giant Binance appoints co-founder He Yi as co-CEO

Cryptocurrency

Hong Kong pushes adjustments to digital-asset rules as Beijing remains cautious

The changes show a ‘clear shift in focus from building guardrails to enabling growth’ in the sector, Clarient Advisory’s Joy Lam says.

The SFC’s latest digital asset-related initiatives aimed to “connect Hong Kong with global liquidity”. Photo: Shutterstock
Blockchain

Binance founder calls his ranking as China’s 13th richest ‘nonsense’

The Hurun Research Institute estimates Zhao Changpeng’s net worth at more than US$26 billion.

Blockchain

Crypto tycoon Zhao Changpeng to make big comeback after Trump pardon: analysts

Zhao vows to ‘help make America the capital of crypto and advance Web3 worldwide’, according to his post on X.

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Crime

Binance founder Zhao pardoned by Trump in latest crypto clemency

Zhao served a four-month sentence in 2024 after pleading guilty to failing to safeguard anti-money-laundering measures at Binance.

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Binance founder Zhao Changpeng in Hong Kong on August 28. Photo: SCMP
DeepSeek

DeepSeek outperforms AI rivals in ‘real money, real market’ crypto showdown

DeepSeek’s V3.1 earns 10 per cent profit as it leads five other LLMs in crypto trading experiment that tests their investing abilities.

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Asean

Asian Angle | Safer than cash? The real risks cryptocurrency poses to Southeast Asia

Crypto’s champions argue the technology offers unmatched transparency and security. But a closer look at the numbers tells a different story.

Blockchain

CMB’s Hong Kong arm tokenises US$3.5 billion money market fund on BNB Chain

The partnership with Binance-linked blockchain BNB Chain expands tokenisation efforts in the city, even as regulators in Beijing have urged caution over the fast-growing RWA market.

Sparkling blue dollar icon with global currency exchange background. Financial technology concept. 3D Rendering. Photo: Shutterstock Images
Blockchain

Crypto crash sparks search for mystery trader who profited US$200 million

Speculation points to Chinese crypto investor Garrett Jin, who acknowledges his ties with the investors responsible for the short trade.

Bitcoin and ether, the world’s two largest cryptocurrencies, suffered a crash last week. Photo: AFP
Bitcoin

Bitcoin, BNB hit new highs as global turmoil spurs flight to alternative assets

While the reaction of Chinese crypto enthusiasts was muted on mainland social media, many celebrated the token’s latest achievement on X.

Cryptocurrency

Trump family-backed blockchain project freezes tokens of supporter Justin Sun

World Liberty Financial, a cryptocurrency venture founded in 2024 by the Trump family, did not say why Sun’s tokens were frozen.

Cryptocurrency

Hong Kong crypto exchange OSL starts trading of Binance-backed BNB tokens

OSL now allows 24 types of cryptocurrency tokens to be traded by professional investors in the city.

As of Wednesday, BNB was the world’s fifth-largest cryptocurrency token by total market value, according to data on CoinGecko. Photo: Shutterstock
Cryptocurrency

Trump-related token starts trading with support from Chinese crypto players

WLFI, first issued to private investors last year, on Monday became available on major crypto exchanges including Binance, OKX and Coinbase.

Eric Trump, executive vice president of the Trump Organisation, speaks at the Bitcoin Asia conference, in Hong Kong, August 29, 2025. Photo: Reuters
Blockchain

Exclusive | Hong Kong can rival US, UAE as a crypto hub, Binance founder CZ says

Zhao Changpeng advocates for quick policy changes, as Hong Kong seeks to become a virtual asset hub while minimising financial risks.

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