Full story: https://grafa.com/news/surge-in-binance-coin-propels-cz-to-become-the-wealthiest-us-prisoner-234080
Binance Coin (CRYPTO:BNB) has surged to an all-time high of $725, elevating Binance founder Chagpeng Zhao (CZ) to the status of the richest individual serving a US federal prison sentence, with a net worth exceeding $38 billion.
Despite legal challenges, BNB's market cap surpassed $109 billion, reflecting Binance's continued dominance in the crypto industry.
CZ, facing a four-month prison term, has seen his wealth primarily tied to BNB, making him the 40th wealthiest globally.
Despite recent price fluctuations, BNB remains up by 176% year-to-date, indicating sustained investor confidence in its ecosystem.
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