Changpeng Zhao, the founder of Binance, the world's largest stock exchange, excited investors by sharing a post from his X account.
CZ, who was released from prison at the end of September, said he will attend the Binance Blockchain Week to be held in Dubai on October 30-31.
“I will be personally attending Binance Blockchain Week in Dubai on October 30-31.
One of the biggest web3 events of the year. See you there”
While CZ will be attending a cryptocurrency event for the first time since his release from prison, experts assess that CZ's re-activation could be positive for cryptocurrencies.
CZ also seems to be hinting with this statement that he may leave the United States and return to Dubai.
Binance CEO Richard Teng confirmed in an interview that the US Department of Justice (DOJ) has banned CZ from permanently returning to Binance’s management team, but noted that CZ’s rights as the largest shareholder still apply.
*This is not investment advice.