Justin Sun Praises Former Binance CEO Changpeng ‘CZ’ Zhao Despite Legal Woes

Tron founder Justin Sun has recently praised former Binance CEO Changpeng ‘CZ’ Zhao, despite the legal troubles surrounding him. In a recent thread, Sun highlighted the valuable lessons he learned from both CZ and Alibaba founder Jack Ma, emphasizing the importance of doing the right thing over the easy thing.

Sun stated, “The second lesson I learned from Jack Ma and CZ is to always do the right thing, not the easy thing.” He elaborated on the values imparted by Jack Ma during his time at Hupan University, stressing that a company’s ultimate value comes from the value it provides to its users.

“Doing the right thing for users, rather than focusing on profit itself, is crucial,” Sun wrote. He emphasized that profit should be a byproduct of the value provided to users, not the primary focus. Sun also drew parallels to CZ’s entrepreneurial journey, noting that a good company achieves substantial profits by consistently prioritizing user value.

Earlier, Sun shared another lesson he learned from Ma and CZ, highlighting the importance of protecting users above all else. He applied this principle to his own business ventures, seeing CZ as an exemplary model of user priority.

These comments come in light of CZ’s recent legal troubles, as he was sentenced to four months in prison for violating the Bank Secrecy Act and faced money laundering allegations. Despite the sentencing, Judge Richard Jones disagreed with the three-year sentence proposition by the U.S. Department of Justice and handed down a four-month sentence.

It has been more than six months since CZ pleaded guilty to the charge, and Binance paid a $4.3 billion settlement fee to the DOJ. After stepping down as CEO, CZ waived his right to appeal any jail term sentence up to 18 months. However, his legal battle with the regulator has continued to intensify.