Changpeng Zhao, the billionaire behind Binance, just made his first public appearance after his time in prison. He showed up at the Coca-Cola Arena in Dubai to a warm welcome. Fans lined up for selfies, and the energy in the room was electric.

One person in the crowd shouted, “He is a martyr!” while another boldly declared, “The king is back!”

But here’s the catch: Zhao can’t take charge of Binance again. His plea deal with the Department of Justice prevents him from leading the company. He seems to accept this situation without any issue.

Interestingly, after the recent U.S. elections, Zhao’s fortune jumped by a whopping $12 billion. It’s a remarkable comeback for the crypto mogul.