Binance Founder Changpeng “CZ” Zhao was released from custody on Friday after serving a four-month prison sentence. His early release, occurring two days ahead of schedule, was due to federal guidelines that permit inmates to be released before weekends or holidays.
Zhao's incarceration resulted from a guilty plea to charges related to regulatory violations. This development is a significant moment for both Zhao and Binance, indicating a step forward following a challenging period.
