Binance founder Changpeng Zhao, commonly known as CZ, is close to completing his four-month prison sentence for violating the Bank Secrecy Act. His release is scheduled for September 29, 2024, according to information from the U.S. Federal Bureau of Prisons website.
The news of CZ's upcoming release has not had a significant impact on the price of Binance Coin (BNB), which has remained stable amid the developments. Investors appear to be taking a wait-and-see approach as they monitor further updates.
While the exact conditions and future implications of CZ's release are unclear, the stability of BNB's price indicates a cautious optimism among the crypto community. This scenario reflects the market's resilience and potential confidence in Binance's future operations post-CZ's release.
Джерело: coinedition.com ↗