Binance founder Changpeng Zhao wealth plunged 82% since its peak as US regulators have sued the company alleging a range of violations.
The Bloomberg Billionaires Index slashed the estimate of revenues at crypto exchange Binance by 38% after data showed volumes at the firm declined this year. That wiped US$11.9 billion from the fortune of Binance founder Changpeng Zhao, known as CZ dropping him to US$17.2 billion
