Changpeng Zhao, also known as CZ, the co-founder of Binance, is expected to be released from custody on September 29, 2024. CZ was sentenced to four months in prison earlier this year for his role in legal issues surrounding Binance, one of the world’s largest cryptocurrency exchanges. Initially, his release was projected for late August, but the date was extended following adjustments related to his sentencing and prison entry date. Currently, CZ is serving his sentence at a low-security facility in California, though he has been transferred to a halfway house ahead of his full release【16†source】【17†source】.
This release is highly anticipated in the crypto community, as Binance continues to navigate regulatory scrutiny and market challenges in CZ's absence.#TON #BNBChainMemecoins #TelegramCEO #CZBİNANCE #czprison
