Binance boss Changpeng Zhao: billions in losses without regrets

Hamburg The “Binance Angels” are waiting for CZ in a VIP lounge in Hamburg’s Elbphilharmonie. Nobody uses the full name of Changpeng Zhao, the founder and CEO of the world’s largest crypto exchange Binance.

When he finally enters the room, the crowd begins: dozens of young men and a few women want a photo, shake hands, and speak to him. Champagne corks are popping in the background, and bowls of oysters are on the tables.

The “Angels” are volunteers who travel from different countries to support the crypto exchange team at trade fairs such as the digital conference OMR, for which Zhao is in Hamburg. As a thank you, her idol takes a little time for her, later he will post a group photo on Twitter and Instagram. “Germany is a very important market for us,” he explains during his visit.

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