Binance founder Changpeng "CZ" Zhao has been released from a U.S. federal prison, where he served a four-month sentence for Anti-Money Laundering (AML) violations. This development follows his guilty plea in November to charges related to insufficient AML controls at Binance, the world's leading cryptocurrency exchange by daily trading volume.

CZ's incarceration and subsequent release have sparked widespread discussion about regulatory compliance within the cryptocurrency industry. As the wealthiest person to ever be imprisoned in the U.S., with a net worth estimated at $60 billion, his case underscores the increasing scrutiny facing crypto exchanges globally.

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