Binance Co-Founder CZ Released From Prison, Reveals Plans to Continue Investing in Blockchain and Crypto

Binance co-founder Changpeng "CZ" Zhao confirmed Saturday he has been released from prison after four months in jail for failing to provide users of the popular cryptocurrency exchange with adequate security protections.

Binance co-founder Changpeng "CZ" Zhao was released from prison Saturday after serving four months for failing to provide users of the popular cryptocurrency exchange with adequate security protections.

CZ took to X (formerly Twitter) to express his gratefulness and also revealed his plans moving forward. Many crypto users welcomed him back to the industry, and others took the opportunity to pitch themselves, given Zhao's announcement shortly after his sentencing that he will continue to invest in blockchain and crypto.

Here are the top projects that crypto users and teams pitched to Zhao for his consideration.

Ceti – Decentralizing Artificial Intelligence

Ceti, a decentralized AI project, welcomed CZ back into the crypto space, revealing that the team has been "accumulating hardware and setting up decentralized AI compute to provide companies that want a truly decentralized system."

Some crypto users tagged Zhao in the Ceti team's comment, saying the project will make a huge impact on the future of AI.

According to the Ceti website, the team is on a mission to build high-performance, scalable, and globally distributed AI infrastructure to enable distributed networks and developers "to rapidly outpace the capabilities and reach of centralized AI."