Changpeng Zhao, the founder and former CEO of Binance, has been released from prison after serving a four-month sentence for anti-money laundering violations. In a tweet, he expressed gratitude for his supporters and outlined his plans for the future, including a continued focus on blockchain technology and education.
Changpeng Zhao, the founder of Binance, has become the richest person to serve time in a U.S. federal prison. His four-month sentence stems from failing to establish adequate anti-money laundering protocols at the exchange. Despite stepping down as CEO last year, CZ remains a major figure in the crypto world, where legal troubles have plagued other prominent figures like Sam Bankman-Fried and Do Kwon.
