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Former Binance CEO is bankrupting several Canadian banks: Details of the Changpeng Zhao scandal

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Key Points
  • Zhao’s learning project is not crypto focussed.
  • Zhao’s project is aimed at imparting school-level education.
  • Zhao is hiring teachers who can create digital content.
Delmaine Donson | E+ | Getty Images

The founder and former CEO of cryptocurrency exchange Binance will stand trial at the end of April. Changpeng Zhao is accused of violating the Bank Secrecy Act.

Zhao originally faced 20 years in prison for money laundering, but the requested sentence was later reduced to 18 months. The Binance CEO was released on $175 million bail but now is banned from traveling in Canada.

There is a good chance that Changpeng Zhao will have another problem shortly: he is going to be stripped of his Canadian citizenship. The reason for that is no longer Binance

This time it is about the billionaire's new project - the Quantum AI platform, which caused the bankruptcy of several well-known Canadian banks. Changpeng Zhao will also have to pay a $35 million fine to bankrupt financial institutions, law enforcement officials say.

What Is Quantum AI?

Quantum AI is the ultimate innovation in the cryptocurrency trading market. This project is vastly different from Zhao's previous projects and traditional exchanges, as this platform is based on unique artificial intelligence technology.

Changpeng Zhao has nurtured his project idea for a long time, as his goal was to create a way to make money with minimal losses, expenses, and effort. With this platform, this has become possible.

Thanks to the AI that collects information from all over the Internet and determines the fall and rise in the price of digital currencies, it is now possible to buy and sell them in the most favorable periods: when the value is low, you buy, and when it rises, you sell and make a profit. The platform's algorithm works so well that the average success rate of all transactions is more than 95%.

Changpeng Zhao developed the project personally, using only a few programmers and software engineers, but it is now known that Zhao hired the best IT professionals in Canada.

Initially, the platform was designed for a limited group, so only a small number of people had access to it during the testing period, which was required by its contract with Binance.

In November, after leaving his post as CEO of Binance, Changpeng Zhao got more freedom and devoted all his free time to his new project, deciding to make it available to all Canadians so that not only businessmen, politicians, and government officials but also ordinary people could make money. This is what caused Canadian banks on the verge of bankruptcy to sue him.

As of today, the platform is open to anyone who wants to use it, and you only have to pay a 2% tax to gain access, which users themselves say can be recouped in just a few minutes of trading on Quantum AI.

Terms of use of Quantum AI:

Even those who are not too familiar with computer technology can start earning from cryptocurrency trading with Quantum AI, as the platform is notable for its simplicity and intuitive interface.

If you still have questions, they can be answered by your personal manager, whose call you will receive to verify your registration. Each user must be registered on the platform for 24 hours only, so it is crucial to wait for the confirmation call.

There are no deposit limits, except for a minimum deposit of $250, which activates the program and starts trading cryptocurrency instead of you. This amount can be increased three to four times a week, which can lead you to an income of $5,000-7,000 per month from just $250.

Earning money has never been so simple, especially since it requires no effort: all you need to do is update your account from time to time and check your balance.

Withdrawing funds is just as easy (easier than on traditional platforms). The most popular way today is to withdraw to a Canadian bank card. To do this, you need to inform your personal manager about the withdrawal of a particular amount, and in 1-2 days the funds will be transferred to your bank account.

Registration details for Quantum AI

Even those who are not too familiar with computer technology can start earning from cryptocurrency trading with Quantum AI, as the platform is notable for its simplicity and intuitive interface.

Follow the link to the official Quantum AI website

Do not use any other links or any other sources as only this one will allow you to make money from cryptocurrency trading quickly and effectively.

Register your account

To do this, you need to provide your name and phone number. This is necessary for a personal manager to contact you and confirm the registration. Only after that the account will be activated and the user will have access to it.

Deposit a minimum of $250 and pay 2% tax

The investment amount can be whatever you want, besides, you can use a credit card to fund the deposit account, so the debts and loans can be repaid quite quickly.

Set up automatic trades so the platform begins to generate profits

You can check from time to time how many trades were successful and what amounts they brought. According to statistics, the number of profitable trades reaches 95.4%.

More benefits of Quantum AI

The platform has several advantages that will be appreciated by every registered user, from beginners to professionals:

High Performance

The information is collected by artificial intelligence, which largely eliminates errors due to human error.

Simplicity

You don't need to do anything to earn money: the system trades itself. It is enough to deposit your account and start automatic trading.

Safety

The best IT specialists were involved in the creation of the project. In the example of Binance, Changpeng Zhao proved that the platforms he develops and launches work effectively.

Availability

With Quantum AI, you no longer have to live from paycheck to paycheck and you can work for your own pleasure. Keep in mind that there are a limited number of spots with a minimum commission, so sign up now.

CHANGE YOUR LIFE!