Episode
The Richest Man Who Ever Went To Jail | Logically Answered
- Podcast
- Logically Answered
- Published
- Jul 16, 2026
- Duration seconds
- 1031
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Summary
The Richest Man Who Ever Went To Jail You probably haven’t heard of a man named Changpeng Zhao or CZ, but you’ve likely heard of his company: Binance. Binance is one of the largest crypto currency exchanges in the world if not the largest, and it’s founder was CZ. CZ has been a huge crypto enthusiast since day one. In fact, he sold his apartment just so he could buy more Bitcoin, so it’s not surprising that he eventually created a platform for others to buy and trade crypto. He made a fortune doing this, rising to a peak net worth of $96 billion, but not everything was sunshine and rainbows. Binance wasn’t involved in straightup fraud like FTX but they had a habit of turning a blind eye to shady activities occurring on their platform like money laundering which would eventually catch up to CZ. This video tells the extraordinary rise and fall story of Binance founder: Changpeng Zhao. Earn Cash Back On Stocks: Up To $5,000 Per Year https://www.silomarkets.com/logic Free Weekly Newsletter With Insiders: https://logicallyanswered.co/ Socials: https://www.instagram.com/hariharan.jayakumar/ Discord Community: https://discord.gg/SJUNWNt Timestamps: 0:00Risky Beginnings 3:53Fraud 5:58From Bad To Worse 9:06Surprising New Developments Resources: https://pastebin.com/RAwTRsxe Disclaimer: This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research. https://www.silomarkets.com/disclosures Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous e…