Wall Street’s Two Most Powerful Men Endorse CZ’s Prison Memoir
Binance founder Changpeng Zhao (CZ) launched his 366-page memoir “Freedom of Money” on April 8, carrying endorsements from BlackRock CEO Larry Fink and Bridgewater Associates founder Ray Dalio.
The e-book, written principally throughout CZ’s four-month US jail sentence in 2024, covers his path from rural China to constructing the world’s largest crypto trade and its $4.3 billion settlement with the US Department of Justice (DOJ).
Wall Street Heavyweights Back Crypto’s Most Controversial Founder
Fink, who oversees roughly $10 trillion in assets at BlackRock, framed CZ as an early mover in blockchain adoption.
“CZ noticed early what many are solely starting to know right this moment: digital property and blockchain know-how can unlock actual alternatives for nations prepared to embrace the longer term. His story is about conviction, resilience, and an unwavering perception within the energy of know-how to serve folks.”
Dalio struck a extra private tone, praising CZ’s trajectory from poverty to international affect.
“As an important admirer of CZ for his daring contributions to creating various monies accessible to virtually everybody on the earth, I’m thrilled that he has so clearly laid out his life story. I like to recommend it for anybody who aspires to go from humble beginnings to a world shaper or is excited about an enchanting learn of CZ constructing Binance right into a pillar of the brand new financial order.”
The remaining three are His Majesty the King of Bhutan, Haidilao founder Zhang Yong, and early Bitcoin (BTC) investor Matt Roszak. Yi He, Binance co-founder and co-CEO, wrote the foreword.
The endorsements arrive at a commercially strategic second for either side. BlackRock’s iShares Bitcoin Trust (IBIT) now processes $16 billion to $18 billion in each day buying and selling quantity, directly competing with Binance for crypto liquidity.
BlackRock additionally built-in its BUIDL tokenized fund as collateral on Binance in November 2025.
Compliance Cracks Cast a Shadow Over CZ’s Freedom of Money
However, the e-book launches amid contemporary compliance considerations at Binance.
Just weeks earlier than publication, Bloomberg reported that Binance’s Chief Compliance Officer Noah Perlman, a former federal prosecutor employed as a part of the 2023 plea deal reforms, has begun discussing his departure.
At least 4 senior compliance employees left or have been pushed out in current months.
More troubling, Fortune reported in February 2026 that Binance fired at least five compliance investigators who uncovered proof of $1 billion in transfers to Iran-linked entities between March 2024 and August 2025.
Senator Richard Blumenthal opened a Senate inquiry into the matter, and 9 Senate Democrats referred to as on the DOJ and Treasury to analyze.
Binance denied firing investigators for reporting violations.
The trade acknowledged that it discovered “no proof” of sanctions-law violations associated to the flagged exercise.
All e-book royalties go to CZ’s schooling nonprofit Giggle Academy, however endorsements from the world’s strongest asset managers carry a special sort of forex, one which no charity pledge totally offsets.
The publish Wall Street’s Two Most Powerful Men Endorse CZ’s Prison Memoir appeared first on BeInCrypto.
