Binance founder CZ has been released from prison. This news was broken by Watcher Guru a few minutes ago via their official X account.
Binance founder Changpeng Zhao (CZ) has been released from prison, according to Watcher Guru.
CZ was sentenced to four months in prison earlier this year after pleading guilty to charges related to Binance’s anti-money laundering (AML) violations. He served his sentence at a low-security federal facility in California.
The news of CZ’s release has not had a significant impact on the price of BNB. At the time of writing, BNB is trading at around $600, up 2% over the past 24 hours.
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