Changpeng Zhao (CZ) has been released early, according to Fortune Magazine, due to his release date falling on a weekend. Here's a quick recap of his imprisonment:
CZ chose to plead guilty, with both him and Binance paying fines. He served a four-month sentence, spending two months in a nursing home.
Following his release, CZ plans to reunite with his family and focus on charity work.
While he's prohibited from managing Binanceâs daily operations, he remains the largest shareholder and can still influence the companyâs direction.
CZ is expected to return to the crypto space with new projects. Keep an eye on his X (formerly Twitter) account for updates.
