**Binance Boss Bounces Back! đ**
- Binance founder Changpeng Zhao, aka CZ, was released early from custody on Sept. 27. Bitcoin (BTC) and Binanceâs BNB token dipped slightly but no need to panic, folks!
- CZ holds a whopping 64% of BNB, making him a crypto kingpin with a net worth of $61 billion in June 2024. However, his holdings have sparked centralization concerns.
- The DOJ charged Binance and CZ in 2023 for violating the Bank Secrecy Act. Despite this, BNB prices jumped 7% after a $4 billion SEC settlement.
- Binance now has independent monitoring for three years. Keep those eyes peeled, crypto enthusiasts!
