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When Professionals Run Into Issues With Token, That is What They Do

Changpeng “CZ” Zhao, head of Binance Holdings Ltd., issued a flurry of tweets and comments in latest days seemingly geared toward bolstering his credentials as crypto’s customary-bearer, capping them Monday by announcing a fund to assist crypto companies in disaster. Backtrack to the entrance door and head south to a door requiring the blue key,…

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The overwhelming majority of Zhao’s multibillion-dollar wealth comes from his controlling stake in Binance Holdings, per Bloomberg. With a net price of $16.4 billion as of November 9, he is the 87th-richest particular person on this planet, based on the Bloomberg Billionaires Index. His real-time estimated net price is a far cry from the peak…