Changpeng Zhao Set to Be Released: What Does This Mean for the Crypto Market and Binance?
Former Binance CEO Changpeng Zhao (CZ) is scheduled to be released from custody on September 29, 2024, after serving four months in jail for violating anti-money laundering regulations. His sentence came after CZ pleaded guilty and agreed to a plea deal with US authorities, which also included Binance paying a $4.3 billion fine.