The US Federal Bureau of Prisons has confirmed that Binance founder Changpeng Zhao, known as CZ, will be released on September 29, 2024.
This has been confirmed by the Bureau of Prisons’ Inmate Locator tool. Zhao is listed as 88087-510 and his release date is also listed.
CZ’s release is a significant development for both Binance and the crypto world, with many expressing their excitement on social media.
Zhao’s release is expected to have a significant impact on Binance’s operations. Under Zhao, Binance has dominated the industry as the world’s largest cryptocurrency exchange by trading volume.
Zhao’s return could signal a strategic shift for the platform as Binance is currently facing increased scrutiny and competition from decentralized exchanges.
Market analysts have begun to discuss the potential implications of Zhao’s release, with many speculating that his return could rekindle trust in Binance, boost trading volumes, and refocus Binance’s initiatives.
