Binance founder ‘CZ’ released from custody after four-month sentence

Binance founder Changpeng “CZ” Zhao was released from US custody on Friday after serving out his four-month sentence in a low-security correctional facility. CZ’s sentence was the product of a federal investigation that found Binance had failed to stop widespread criminal activity on the world’s largest cryptocurrency exchange. CZ pleaded guilty to the DOJ’s charges, […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Read more: https://techcrunch.com/2024/09/27/binance-founder-cz-released-from-custody-after-four-month-sentence/

#Tech #Technology #Innovation #TechNews