🚨 Crypto News Flash: Binance Founder CZ to Be Released from Prison Soon!
Changpeng “CZ” Zhao, the founder of Binance, is set to be released from prison on September 29th after serving a four-month sentence. Zhao, who pleaded guilty to violating the Bank Secrecy Act, spent time in a low-security prison and a halfway house. He also agreed to pay a $50 million fine and stepped down as CEO.
- Richard Teng, a former regulator, is now leading Binance.
- Binance faced additional charges and paid $4.3 million to settle.
What are your thoughts on CZ's release and Binance's future? Drop your comments below! 👇