Former Binance CEO Zhao Changpeng will be released early today, and his next move is expected to be to re-enter the crypto industry

This Friday, Zhao Changpeng will step onto the streets of Long Beach, California, as a free man for the first time in months. This is two days earlier than his official release date, because if the release date coincides with the weekend, the prisoner will leave the detention center early. According to a prison official, Zhao Changpeng can have supervised outings there and even go to the movies.

Fortune magazine made some speculations about his next move after he was released from prison:

Zhao Changpeng's first stop is likely to be Dubai or Paris, where his children live with their mother He Yi. In addition, the media expects that with Zhao Changpeng's release, more details of the Giggle Academy project he initiated before his imprisonment may emerge in the coming months. In addition to family and charity, Zhao Changpeng, who is now free, may turn his attention to his third pursuit-the cryptocurrency industry.

However, in the field of cryptocurrency, Zhao Changpeng faces a major problem. According to his criminal settlement agreement, he must resign as CEO of Binance and stay away from any "daily" activities of the company. At the same time, the settlement agreement also requires Binance to accept two external monitors appointed by the US government to ensure compliance. Despite these obvious restrictions, even if Zhao Changpeng is no longer the CEO, he will still be the company's largest shareholder, which should give him considerable influence over the company's future direction.