Changpeng Zhao, known as CZ, has made headlines following his release from California’s Lompoc II detention center. Completing his four-month sentence, he was released two days earlier than expected due to the Bureau of Prisons' weekend policy.
The reaction in the market was notably subdued, with BNB, Binance's native token, experiencing modest gains. This muted response is likely because traders and investors had already factored in the news regarding CZ.
Originally scheduled for Sunday, September 29, CZ walked free on Friday instead. This early release marks a significant moment for Binance and its founder.
