The news states that Changpeng Zhao (CZ), the CEO of Binance, has been sentenced to four months in prison by a US District Judge. However, CZ may be released two days earlier than his scheduled release date, as US law allows inmates to be released early if their release date falls on a weekend. A spokesperson for Binance expressed happiness that CZ would soon be going home to reunite with his family, and CZ's lawyer mentioned that he would not be granting interviews on his release day. It is speculated that CZ may travel to Dubai or Paris after his release, where his child resides with his ex-wife, who is the current president of Binance Labs. CZ spent two months in a minimum security prison in California before being transferred to a location in Long Beach, where he had certain privileges such as supervised excursions and movie visits. CZ's net worth is estimated to be $60 billion, and he remains the largest shareholder of Binance.



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