As far as we know, the U.S. District Court in Seattle sentenced Binance founder Changpeng Zhao (CZ) to four months in prison on April 30.
CZ admitted to violating U.S. anti-money laundering laws while leading the world’s leading cryptocurrency exchange.
When will Changpeng Zhao (actually) get out of jail?
CZ is still serving his sentence at FCI Lompoc II, a federal prison three hours north of Los Angeles.
However, there are reports that he will be released on September 29 this year.
How does CZ’s launch affect the altcoin season?
With Binance’s CZ set to be out of legal trouble, the crypto market, especially altcoins, is likely to rebound.
Historically, when key players clear legal hurdles, investor confidence and market activity increase.
💥
However, the greatest growth potential will be in altcoins supported by Binance.
After spending more than 48 hours, I found a coin with huge upside potential, at least 20x
BnX is the GameFi development platform behind CyberDragon and CyberArena. CyberDragon is a metaverse on-chain game that combines DeFi, NFT, and crypto-economic elements in a gaming environment. Users can mine, experience dungeon adventures, PvP games, and trade land and castle NFTs in the market in the CyberDragon game. CyberArena is a free card battle game.
Investors: Binance
Current Price 1.4
Market value: US$550 million
Lista is a decentralized stablecoin lending protocol powered by LSDfi. Users can stake and liquidate on Lista, and can also borrow lisUSD against a variety of decentralized collateral. Lista aims to use innovative liquid staking solutions to make lisUSD the number one stablecoin in the cryptocurrency space.
Investors: Binance
Current Price: 0.35
Market value: US$70 million
ID is building a universal domain name service network with a one-stop identity platform to discover, register, trade, and manage web3 domain names. It also includes a Web3 name SDK & API for cross-blockchain developers and provides multi-chain name services for everyone to easily build and create a web3 identity.
Investors: Polychain, Binance participated in the investment
Current Price0.3
Market value: 240 million
#MASK
Mask Network is a protocol that allows its users to send encrypted messages via Twitter and Facebook.
It essentially acts as a bridge between the internet and the decentralized networks that run on top of it.
Investors: dwf Binance
Current price: $2.05
Market value: $205 million
It is getting closer and closer to CZ's release. Don't get on the train when CZ comes out. Recharge your faith, stabilize your mentality, and make friends with time! Leave a message in the comment area about the currency you hold, and I will analyze it. If you have read this far, give a like + follow, and earn your own assets in this bull market together.
$BNX $LISTA $ID