Bitcoin
Bitcoin (BTC)
$62,216.00 -1.61602
Bitcoin price
Ethereum
Ethereum (ETH)
$2,437.57 -0.22897
Ethereum price
BNB
BNB (BNB)
$583.57 2.07483
BNB price
Solana
Solana (SOL)
$143.94 -1.84033
Solana price
XRP
XRP (XRP)
$0.530829 -1.2257
XRP price
Shiba Inu
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$0.0000172 -3.7665
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Pepe
Pepe (PEPE)
$0.0000096 -7.2252
Pepe price
Bonk
Bonk (BONK)
$0.000021 -4.78827
Bonk price
Bitcoin
Bitcoin (BTC)
$62,216.00 -1.61602
Bitcoin price
Ethereum
Ethereum (ETH)
$2,437.57 -0.22897
Ethereum price
BNB
BNB (BNB)
$583.57 2.07483
BNB price
Solana
Solana (SOL)
$143.94 -1.84033
Solana price
XRP
XRP (XRP)
$0.530829 -1.2257
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -3.7665
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000096 -7.2252
Pepe price
Bonk
Bonk (BONK)
$0.000021 -4.78827
Bonk price
Bitcoin
Bitcoin (BTC)
$62,216.00 -1.61602
Bitcoin price
Ethereum
Ethereum (ETH)
$2,437.57 -0.22897
Ethereum price
BNB
BNB (BNB)
$583.57 2.07483
BNB price
Solana
Solana (SOL)
$143.94 -1.84033
Solana price
XRP
XRP (XRP)
$0.530829 -1.2257
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -3.7665
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000096 -7.2252
Pepe price
Bonk
Bonk (BONK)
$0.000021 -4.78827
Bonk price
Bitcoin
Bitcoin (BTC)
$62,216.00 -1.61602
Bitcoin price
Ethereum
Ethereum (ETH)
$2,437.57 -0.22897
Ethereum price
BNB
BNB (BNB)
$583.57 2.07483
BNB price
Solana
Solana (SOL)
$143.94 -1.84033
Solana price
XRP
XRP (XRP)
$0.530829 -1.2257
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -3.7665
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000096 -7.2252
Pepe price
Bonk
Bonk (BONK)
$0.000021 -4.78827
Bonk price

Binance founder and former CEO Changpeng Zhao released from prison

binance-founder-and-former-ceo-changpeng-zhao-released-from-prison
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Binance founder and former CEO Changpeng Zhao released from prison

Binance founder and former CEO Changpeng Zhao has been released from prison two days early after a four-month sentence in the United States.

The 47-year-old was initially scheduled to be released on Sept. 29, but due to the date falling on a weekend, federal rules allowed Changpeng Zhao an early release from Long Beach Residential Reentry Management, Bloomberg reported.

The Binance (BNB) founder began his sentence in May 2024 after being indicted for failing to implement proper anti-money laundering and sanctions regulations at Binance.

Zhao received a relatively lenient sentence compared to the three-year term that the U.S. Department of Justice had sought.

In November 2023, Zhao and Binance pleaded guilty to violations of U.S. anti-money laundering and sanctions regulations. Some of the cases involved facilitating transactions for countries under U.S. sanctions, including Iran and Cuba.

As part of his plea deal, the US government required Binance to pay $4.3 billion in fines, while Zhao personally paid a $50 million fine. He also agreed to step down from his position as CEO of the company.

The settlement prohibits Zhao from “managing or operating” the company, though the specific details remain unclear.

While reports initially suggested a three-year ban, Binance CEO Richard Teng confirmed in a commentary to Axios that Zhao has actually received a lifetime ban from day-to-day management. However, he clarified that Zhao still retains all shareholder rights, including the ability to nominate board members and replace executives.

Despite his legal troubles and paying billions of dollars in fines, Zhao remains one of the richest people in 2024. On Forbes updated billionaire list, Zhao holds the number 25 spot in the overall rankings with a net worth of $60.6 billion.

He is currently the number one wealthiest person out of the 17 people from the cryptocurrency industry featured on the list.