🪙 Binance Founder CZ Released From US Custody After Serving 4-Month Sentence

🆕 Binance founder and former CEO Changpeng Zhao (CZ) has been released from U.S. custody after serving a four-month sentence for his role in compliance failures at Binance. His sentence followed a plea deal that included a $50 million fine and stepping down as Binance’s CEO. Despite his prison sentence, Zhao remains incredibly wealthy, with plans to focus on his new venture, Giggle Academy.