The highly anticipated return of CZ from Binance on X: Prelude to a new crypto chapter?

After a 2-month hiatus, Changpeng Zhao, also known as CZ, makes a grand return on Twitter. What are his intentions? Caution or a preparation for a tweetstorm? In his first message of 2024, not a word on cryptocurrencies, Binance, or BNB. This has sparked intense speculation within the Twitter community, eager to interpret his upcoming statements.

CZ, imminent return after Chinese New Year ?

After his removal from the helm of the crypto empire Binance, a lawsuit that cost him 2.7 billion dollars in fines, and house arrest until a final verdict expected this month, CZ has posted his first tweet of the year.

新年快乐！
Happy Chinese New Year！

— CZ 🔶 BNB (@cz_binance) February 9, 2024

Let’s talk a bit about this Chinese New Year 2024! According to Le Figaro, the traditional Chinese calendar, which is lunar-based, marks the New Year on the second new moon after the winter solstice. This year, the festival is set for February 10 in the Gregorian calendar.

In China, the festivities last for two weeks, from New Year’s Eve to the 15th day of the lunar calendar, from February 10 to February 24, 2024. This agricultural celebration alludes to the return of spring, marking the start of the planting season.

For the year 2024, the Wood Dragon is the emblematic animal. Symbolizing strength, prosperity, and wisdom in Chinese culture, this dragon is associated with the wood element, bringing calm, serenity, and empathy. According to belief, this year promises success and luck for those born under this sign.

CZ therefore seized the opportunity to break a two-month silence, surely against his will due to his current situation. His last message dated back to December 9, 2023, in response to a question asked by trader JAKE to the crypto community: “« Who misses CZ from Binance? »

Appreciate the support. But will try to stay off twitter for a while. 🙏 https://t.co/ApqEOzXHIa

— CZ 🔶 BNB (@cz_binance) December 9, 2023

No matter the controversy in which the man behind the rapid success of Binance, BNB, and the crypto industry finds himself, Twitter users seem delighted to welcome back their hero Zhao.

What about his current activities ?

Despite his forced departure from Binance, CZ remains active in the crypto space and is even interested in the biotechnology-cryptocurrency association. His tweet dated November 28, 2023, shows his interest in biotechnologies and suggests that he is exploring ways to use cryptocurrencies to fund medical research.

His proposal was favorably received by projects like Etica, which support open medical research.

Despite the legal storm clouds gathering above him, CZ, the former CEO of Binance, sees his crypto wallets shining in a golden ray of sunshine. Indeed, his net worth has seen a meteoric rise in 2023, reaching a dizzying peak of over 37 billion dollars. This financial feat starkly contrasts with the criminal proceedings he faces across the Atlantic, risking up to a decade behind bars for fraud-related charges.