Binance founder Changpeng “CZ” Zhao is about to complete a four-month prison sentence. Zhao will be released on September 29. 🗓️
- Zhao pleaded guilty to violating the Bank Secrecy Act and paid a $50 million fine.
- Richard Teng was appointed as his replacement after he stepped down as CEO.
- Binance agreed to pay a $4.3 million fine for violating US sanctions.
What impact will Zhao’s release have on the crypto world? Share your thoughts in the comments! 💬