Nov 07, 2024 9:04 pm
Bloomberg: CZ reveals he received an offer to sell his controlling stake in Binance
In an interview, CZ recalled his forced departure from Binance and his four-month prison sentence, during which he passed the time by exercising, writing books and discussing cryptocurrencies with his cellmates. CZ said: "I don't think I want to go back to being the CEO of Binance. I have led the company for seven years. I enjoy this job. Although the work is heavy. But I think that chapter is over." In addition, CZ said that he even received an offer to sell his controlling stake in the exchange - these shares make up the majority of his personal net worth, but he refused to disclose who the buyer was or the price. CZ declined to comment on the US election, but said he was satisfied with the direction of X (formerly Twitter). CZ said: "I think Twitter has developed a lot faster since Musk took over. It has launched new features and changed a lot faster. I am not too worried about the rise and fall of investment value. We are long-term investors."