Binance founder Changpeng “CZ” Zhao has been released after serving a reduced four-month sentence for AML violations. He retains his wealth and majority stake in Binance despite paying significant fines.
DanteChangpeng Zhao, Binance, regulation, law, policy, the former richest Chinese man was released from prison so soon. Golden Finance, the richest prisoner in American history was released from prison.
JinseFinanceOn September 22, the official website of the U.S. Federal Bureau of Prisons showed that Zhao Changpeng's current location was updated to the Long Beach Residence Reentry Administration in central California.
JinseFinanceBinance, Zhao Changpeng, although facing a new class action lawsuit, Zhao Changpeng may be released from prison on time. Golden Finance, where will Binance go after Zhao Changpeng leaves?
JinseFinanceBinance CEO Changpeng Zhao is set for U.S. release on September 29, but still faces legal battles and restrictions on his activities.
Xu LinBinance founder Changpeng Zhao, also known as CZ, remains in detention, though he has been transferred out of prison.
JinseFinanceCZ is not at the Seattle airport but is being held at Federal Correctional Institution II in Lompoc, a low-security federal prison three hours north of Los Angeles.
JinseFinanceWhat happened to Binance or CZ is essentially a stress response of centralized government agencies to the application of decentralized technology in finance, especially in the monetary field.
JinseFinance"If Mr. Zhao is incarcerated ... his wealth and status as a public figure will put his physical and mental health at risk of threats, including but not limited to theft and extortion."
JinseFinanceGolden Finance launches the 2244th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
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