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

Binance founder Changpeng “CZ” Zhao was released from U.S. 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.

Tomas Kauer - Moderator Tomas Kauer - Moderator
Sep 28, 2024 - 04:00
Binance founder ‘CZ’ released from custody after four-month sentence

Binance founder Changpeng “CZ” Zhao was released from U.S. 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.

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