BITCOIN HEATMAP TRAP!! WATCH BEFORE MONDAY!! I DOUBLED MY BTC SHORT!!
Watch Now👇
https://t.co/6g5I6Uwq1m https://t.co/CJMmUKv6oT
BITCOIN HEATMAP TRAP!! WATCH BEFORE MONDAY!! I DOUBLED MY BTC SHORT!!
Watch Now👇
https://t.co/6g5I6Uwq1m https://t.co/CJMmUKv6oT
CZ is now worth $109 billion per Forbes, richer than Bill Gates.
Bitcoin is at a 21-month low. Retail is bleeding. ETF outflows just broke every record on the books.
And CZ added $47 billion to his net worth this year.
Here is why that is not a coincidence. CZ owns 90% of Binance. Binance makes $16 billion a year in revenue. Every panic sell, every liquidation cascade, every fearful position that got closed generated fees that flowed back to the exchange. He does not need the market to go up. He just needs it to keep moving.
But the part nobody wants to say out loud is underneath that.
The CFTC named two market-making entities CZ controls, Sigma Chain and Merit Peak, both trading directly on Binance's own exchange, in its 2023 lawsuit alleging wash trading to inflate volumes. After October's $20 billion liquidation crash, anomalous trading patterns appeared on Binance's own charts. Lawsuits piled up. CZ called it a coordinated attack.
Then he spent $800,000 lobbying for a pardon, got introduced to Trump through Donald Trump Jr., and walked free in October while Binance was quietly running a trading platform for the Trump family's World Liberty Financial.
The DOJ conviction was real. The $4.3 billion fine was real. The prison sentence was real.
So was the pardon. So is the $109 billion.
The market that made him richer is the same market that wiped out the people trading on his exchange. That does not resolve cleanly, and almost nobody is saying it plainly.
CZ JUST SURPASSED BILL GATES IN NET WORTH.
According to Forbes’ real-time rankings, CZ is now worth $107.7 billion, surpassing Bill Gates’ $105.9 billion.
Inspirational 🚀 https://t.co/oKi3Hs9wdn
🚨 CZ has left Bill Gates behind! 👀
According to the Forbes Real-Time Billionaires List, Binance founder
CZ (Changpeng Zhao) currently has a net worth of $107.7 Billion, while Bill Gates’s net worth is $105.9 Billion.
Just a few years ago people called crypto a scam…
Today crypto industry entrepreneurs are competing for top positions on the world’s richest list. 🚀
The question is: Will Bitcoin and crypto founders dominate the world’s richest list in the next 10 years? 🤔
#Bitcoin #Crypto #Binance #CZ
What is your view on this?
Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.