**Crypto News Flash: Key Highlights of the Week**
**Binance Founder CZ Released from Prison**
Changpeng "CZ" Zhao, founder of Binance, was released from a U.S. federal prison on Sept. 27 after serving four months for AML violations. CZ, who stepped down as CEO, pled guilty to failing to implement proper AML controls at Binance.
**Caroline Ellison Sentenced**
Former Alameda Research CEO Caroline Ellison received a two-year prison sentence for her role in the FTX collapse. Judge Lewis Kaplan also ordered her to forfeit $11 billion. Ellison's cooperation with prosecutors led to a reduced sentence.
**Crypto Founder Faces Bribery Charges**
Adam Iza, owner of Zort, was charged with fraud and bribery. Allegedly, he paid LA cops to extort victims for crypto. The FBI claims Iza used police data to coerce victims into handing over crypto assets.
**Cardano vs. Ethereum Governance**
Cardano founder Charles Hoskinson criticized Ethereum's governance, calling it a "dictatorship." He praised Cardano's new model for balancing efficiency, effectiveness, and integrity.
**Kamala Harris on Crypto**
U.S. Vice President Kamala Harris broke her silence on crypto, advocating for investment in AI and digital assets. She emphasized creating a safe business environment with transparent regulations.
**Market Movers**
Bitcoin (BTC) at $66,048, Ether (ETH) at $2,685, and XRP at $0.59. Top gainers: Shiba Inu (SHIB) at 48.96%, Wormhole (W) at 34.82%, and Bonk (BONK) at 33.02%. Top losers: Monero (XMR) at 8.27%, Nervos Network (CKB) at +1.09%, and TRON (TRX) at +2.18%.
Stay tuned for more updates!