According to reports, Fortune magazine pointed out that Binance founder CZ will be released early on September 27, 2024, two days earlier than the original release date. Zhao Changpeng has been serving a sentence in a US federal prison since April for failing to implement adequate anti-money laundering measures in a cryptocurrency exchange. After serving a period of imprisonment in California, he was transferred to a halfway house and carried out some activities under supervision.

According to the plan, Zhao Changpeng will go to Dubai or Paris immediately after his release, where his children live in one of the cities. Although he is no longer involved in the daily operations of Binance, he remains a major shareholder and board member of the company.

Zhao Changpeng expressed an interest in charitable work, especially focusing on the Giggle Academy project that provides free educational resources to children around the world. At the same time, the US House of Representatives Foreign Affairs Committee also passed a resolution on the release of Binance Financial Crime Compliance Officer Tigran Gambarian, who was arrested in Nigeria.

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