Binance Founder CZ Freed After Serving Four-Month U.S. Prison Term

Binance Founder CZ Freed After Serving Four-Month U.S. Prison Term

Changpeng "CZ" Zhao, the founder and former CEO of Binance, walked free from a U.S. federal prison on September 27 after completing a four-month sentence for violating Anti-Money Laundering (AML) laws. The release was confirmed by a spokesperson for the U.S. Federal Bureau of Prisons. Zhao, one of the wealthiest individuals to serve a prison sentence in the U.S., is estimated to have a net worth of around $60 billion. Zhao had pleaded guilty ...

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