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Binance CEO, Changpeng Zhao Sold Apartment For 1500 Bitcoin in 2014

Changpeng Zhao “CZ” is one of the most prominent names in the cryptomarket, the founder of Binance is not only an industry celebrity but a cryptocurrency billionaire as well.



Bitcoin Magazine recently recalled that Zhao sold an apartment in 2014 for 4000 BTC, which today is more than $200 million.

 

Binance’s CEO corrected the original post, stating that it was just a small apartment so he got “only” 1,500 bitcoins. He also told that out of those 1500 BTC he spent (not sold) around 100 BTC over time.

 

If CZ still owns 1400 bitcoins, it is a remarkably excellent number of BTC to hold, a truly impressive amount that should make the apartment buyer regret it.

Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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