It’s not fun: Binance founder CZ recounts prison experience

Changpeng Zhao spent four months in a U.S. Prison after pleading guilty to money laundering charges. He described the environment as frightening, with violent inmates and a dehumanizing entry process.

Zhao emphasizes that this experience shifted his values, making family and health his top priorities over work. He developed friendships with fellow inmates, reflecting on their stories and perspectives.

Zhao is critical of long prison sentences, suggesting they hinder rehabilitation. He believes that meaningful change and connections matter more than punitive measures.

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