Binance founder Changpeng "CZ" Zhao was released from US custody on Friday after serving out his four-month sentence in a low-security correctional

Zhao paid hefty fine, agreed to step down from Binance. Besides serving his sentence, CZ also paid up a hefty $50 million fine and agreed to never be a Binance executive again. Th

Binance founder Changpeng Zhao was released from a correctional facility in California on Friday, Bloomberg News reported, citing a spokesperson for the Bureau of Prisons. Former CEO Zhao was sentenced to four months in prison earlier this year,

Crypto billionaire Changpeng Zhao was released from prison Friday after serving a four-month sentence for violating U.S. anti-money-laundering requirements, an official from the Federal Bureau of Prisons said.

Binance founder Changpeng Zhao was released from a correctional facility in California on Friday after being held in federal custody for failures that allowed cybercriminals and terrorist groups to freely trade on the world’s largest cryptocurrency exchange.

Changpeng Zhao leaves a halfway house on Friday. He has pledged himself to philanthropy but the pull of business will be strong.

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