According to the US Federal Bureau of Prisons website, Changpeng Zhao, commonly referred to as CZ and founder of Binance, is scheduled for release on September 29, 2024.
Registered under the number 88087-510, CZ, a 47-year-old of Asian descent, has made significant contributions to the cryptocurrency industry.
CZ’s Release Looms: What’s Next for Binance and its Founder?
As the founder of Binance, one of the world’s largest crypto exchanges, CZ played a pivotal role in the rise of digital currencies like Bitcoin and Ethereum, solidifying his reputation as a key figure in the global crypto sector.
CZ’s incarceration highlights that even the most prominent figures in the industry are not immune to legal consequences. It serves as a stark reminder that no one is beyond the reach of regulation, reinforcing the notion that “nobody is too big to fail.”
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