Changpeng Zhao

Changpeng Zhao (CZ), the founder and former CEO of Binance, is set to be released today, two days ahead of his scheduled release date.

According to a Fortune report, the popular philanthropist and crypto executive will be released from federal custody today, marking the end of his four-month incarceration. His release was initially scheduled for September 29, 2024. However, since the scheduled release date falls on a weekend, he will be freed from custody today, Friday.

With his release set for today, the Binance founder will likely spend more time with his family in Dubai or Paris. It bears mentioning that CZ’s family members were instrumental in convincing the judge to issue a lenient four-month prison sentence.