Binance founder Changpeng Zhao shares prison experience and crypto advice for inmates and guards

Changpeng Zhao, founder of Binance, shared his experience in prison after pleading guilty to anti-money laundering charges. He served four months in a minimum-security facility and was released in September 2024. Zhao noted that his reputation attracted attention from inmates and guards, who sought his cryptocurrency advice. He mentioned that he often told them he lacked market information. In a separate comment, Zhao discussed Binance's $500 million investment in Elon Musk's Twitter takeover. He acknowledged changes at the platform since Musk's leadership but stated he is focused on long-term investment rather than short-term value fluctuations.