Crypto billionaire Changpeng Zhao was released from prison Friday after serving a four-month sentence for violating U.S. anti-money-laundering requirements, an official from the Federal Bureau of Prisons said.

Binance founder Changpeng “CZ” Zhao has been released from prison, according to the U.S. Bureau of Prisons (BOP). Zhao’s release comes two days ahead of his scheduled release date this Sunday, Sep. 29. The BOP is legally allowed to release prisoners early if their release date falls on a weekend or holiday.

Binance founder Changpeng "CZ" Zhao was released from US custody on Friday after serving out his four-month sentence in a low-security correctional

Binance founder Changpeng Zhao was released from a correctional facility in California on Friday, Bloomberg News reported, citing a spokesperson for the Bureau of Prisons. Former CEO Zhao was sentenced to four months in prison earlier this year,

After 119 days in jail, Binance Founder and former CEO Changpeng Zhao has gained his freedom from the California prison system.

Binance founder Changpeng “CZ” Zhao, could be released on Friday, two days ahead of his scheduled release date of September 29th (Sunday), according to an interpretation of the law.

Zhao might get out two days earlier than his scheduled release date due to federal prison guidelines for weekend releases.

Binance founder and ex-CEO Changpeng Zhao is set for an early release from prison on Friday after serving time for 118 days. The news, first reported by Fortune Crypto, claims that CZ will walk away from custody with over $60 billion of personal fortune.

Binance founder Changpeng Zhao was released from a correctional facility in California on Friday after being held in federal custody for failures that allowed cybercriminals and terrorist groups to freely trade on the world’s largest cryptocurrency exchange.

Changpeng Zhao leaves a halfway house on Friday. He has pledged himself to philanthropy but the pull of business will be strong.

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