This week, the U.S. SECGov filed charges against Binance. How did we get here? Here's a timeline:
CZ is a well-known personality in crypto, actively engaging with the crypto community through Twitter and speaking at conferences and to the media. As for his origins, he was born in China and emigrated to Canada when he was 12 and says he is a Canadian citizen. In high school, he worked part-time at McDonald’s, which is. He graduated from McGill University with a degree in Computer Science.
After college, he worked for the Tokyo stock exchange and Bloomberg Tradebook developing software for the businesses. He then founded a startup in 2005, Fusion Systems, which focused on creating an automated high-frequency trading platform. Following that, he worked for several crypto startups including a stint as co-founder and CTO of OKCoin.
, Zhao's goal for Binance was to compete with other exchanges by offering solutions to the numerous problems he saw with the cryptocurrency trading infrastructure – including poor technical architecture, insecure platforms, low market liquidity, poor customer support and poor language support. for BNB, the terms of which were also laid out in the white paper.Binance started as one big company, founded in Shanghai in 2017.
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