The net worth of Binance founder Changpeng Zhao, also known as CZ, has fallen by $12 billion as a result of the recent crypto-trading slump. This is due to a 38% decline in estimated revenues at Binance, which has been impacted by the fall in cryptocurrency prices. The crypto-trading slump is a reminder of the volatility of the cryptocurrency market, and Binance is one of many cryptocurrency exchanges that have been affected. It remains to be seen how long the current market conditions will last. Investors should be aware of the risks of investing in the cryptocurrency market, and should always do their own research before investing.