**🚨 Crypto News Flash: Binance Founder CZ Released Early from Prison! 🚨**
Changpeng “CZ” Zhao, the founder of Binance, has been released from prison two days ahead of schedule, according to the U.S. Bureau of Prisons.
- **Background:** Zhao was sentenced to four months for violating the Bank Secrecy Act by not implementing an adequate KYC program at Binance. He also paid a $50 million fine and stepped down as CEO.
- **Details:** Despite the unusual custodial sentence, Zhao's clean record and positive reputation helped secure a lenient sentence.
- **Current Status:** After serving three months in a low-security prison, Zhao was moved to a halfway house in August.
What are your thoughts on CZ's early release? Drop your comments below! 💬