Binance’s ex-CEO Changpeng Zhao (CZ) is out of jail and will make his first public appearance in Dubai this October. CZ will attend the Binance Blockchain Week in Dubai on October 30-31 in his “personal capacity.”
According to his post on X, the event will be “one of the biggest Web3 events of the year.” Binance, the leading global crypto exchange, is gearing up for its sixth edition of Binance Blockchain Week in Dubai. This follows the success of last year’s Istanbul meet-up.
This year’s Binance Blockchain Week revolves around the theme of “Momentum.” It will be held at the Coca-Cola Arena, a premier venue in the City Walk area.
The event focuses on the continued development and challenges in the crypto industry. It will explore critical questions surrounding the future of the sector, such as how to maintain crypto’s core values while adapting to evolving regulations.
CZ steps out after jail to a crypto event in Dubai
CZ’s appearance in this year’s event will mark a significant moment for the crypto community. Zhao has faced increasing legal and regulatory scrutiny over the past few years in different parts of the world. His last legal battle was with the United States SEC and DOJ.Â
To that end, he had to step down as Binance’s CEO. CZ pleaded guilty to the DOJ’s charges, paid a $50 million fine, and agreed never to be a Binance executive again.Â
Also, Binance was asked to pay a $4.3 billion settlement to the U.S. government, one of the largest corporate fines in U.S. history. However, according to Forbes, CZ still retains an estimated 90% stake in Binance, making him the 25th richest person in the world with a net worth of $61 billion.
CZ additionally had to serve a four-month prison sentence, which ended earlier than expected on September 27. According to reports, Binance’s theme reads:Â
Momentum propels our industry, not only taking us through challenges but also leading us to our biggest achievements. This theme explores the current state of our industry, the hurdles we’ve overcome, and where the momentum will carry us next.
Binance
What is the event about? Binance Blockchain Week Dubai 2024 brings together leading figures in blockchain to discuss the future of Web3 and foster innovation through keynotes, interactive sessions, and workshops.
For those looking to attend, tickets for the event are currently priced at $300, but prices will rise to $600 on Oct. 21, 2024. Tickets can be purchased through the Binance Blockchain Week Dubai 2024 ticketing portal, with the option to make payments using crypto available.
Who will make attendance?
One of the standout speakers at the event will be Jeremy Allaire, CEO and co-founder of Circle. He is a key player in helping businesses to leverage stablecoins and public blockchains for payment solutions.
Another notable figure is Khalfan Belhoul, CEO of the Dubai Future Foundation. Khalfan will share insights on Dubai’s technological innovations. Binance’s Yi He will be in attendance. She responded to CZ’s tweet, saying, “See you there.”
Binance’s current CEO, Richard Teng, says, “This year’s impressive speaker lineup will bring together a wealth of knowledge and perspectives that will inspire new conversations and fuel the industry’s progress.”
Binance’s CMO, Rachel Conlan, has emphasized the UAE’s development as a global crypto hub and how the event will reflect on industry achievements while inspiring future advancements.
