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

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.

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.

Changpeng Zhao, better known as CZ, has reportedly been released from the American prison he had to serve four months in after admitting guilt to money

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,