CZ will make his first public appearance since prison at the Dubai Blockchain event

Changpeng Zhao, Binance co-founder and former CEO, will make his first public appearance since being released from prison in the last week of September.

The Chinese-Canadian billionaire will perform at Binance Blockchain Week in Dubai.

CZ confirmed that he will be attending the event in a personal capacity, while also touting the event as one of the largest in the Web 3 industry.

He made a tweet on October 10 confirming the above information.

“I will be personally attending Binance Blockchain Week in Dubai from October 30 to 31. It is one of the biggest web3 events of the year. See you there”

Zhao’s proposed appearance has sparked much speculation in the Web 3 community about what the ex Binance Chief might speak about at the event.

Despite his incarceration and brush with the law, CZ remains a highly respected and key figure in the global Web 3 community.

CZ’s tweet resonated with other top crypto voices, such as Tron founder Justin Sun, who welcomed the former Binance Boss back to the Web 3 community in a tweet.

Great! I’m happy to be there! Justin Sun tweeted

CZ’s proposed appearance will be his first public appearance since he pleaded guilty to violating US anti-money laundering regulations and was ordered to pay a personal fine of $50 million. Binance Limited, on the other hand, was fined $4.3 billion and Changpeng Zhao agreed to step down as CEO as part of the terms.

The $4.3 billion settlement remains one of the largest corporate settlements in US history and CZ was also banned from managing Binance for life.

Despite his ban and personal fine, CZ still owns a 90% stake in Binance, giving him a net worth of over $61 billion.

Binance Blockchain Week

Scheduled for October 30-31, Binance Blockchain Week is planned as this year’s largest Web 3 event and builds on the huge success of last year’s edition in Istanbul.

The theme of this year’s edition is ‘Momentum’, with a focus on the continued progress in the crypto industry despite the challenges.

The event will focus on the current state of the global crypto space, the challenges and the direction the industry is heading.

The event will take place in the Coca-Cola arena and will feature in-depth discussions on the future of cryptocurrency and ways to preserve its decentralized nature.

Notable speakers include Circle CEO Jeremy Allaire, Nansen CEO Alex Svanevik, Dubai Future Foundation CEO Khalfan Belfour and Sotheby’s Vice President of Digital Art Michael Bohannan.

What you need to know

• Changpeng Zhao spent four months in prison after his conviction for violating US anti-money laundering laws. Towards the end of his sentence, he was transferred to a halfway house to prepare him for his return to society.
• The current CEO of Binance is Richard Teng and was with Binance for a long time before taking over.

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