Is Binance founder CZ really getting out of prison today?
Disgraced Binance billionaire Changpeng Zhao (CZ) could be leaving prison two days earlier than expected due to a federal rule that allows for an early exit if a prisoner’s release date falls on the weekend. CZ is scheduled to be released from the RRM Long Beach halfway house in California on September 29 according to his inmate tracker. However, a release rule under the US Code Title 18, Crimes and Criminal Procedure § 3624, states, “If the date for a prisoner’s release falls on a Saturday, a Sunday, or a legal holiday at the place of confinement, the prisoner may be released by the Bureau on the last preceding weekday.” Because it states he “may” be released early, the widely reported Friday release date is not set in stone. Users online also thought he was free when he was moved last month. New CZ lawsuit will ‘put blockchain analytics on trial,’ says lawyer Read more: The rise and fall of Binance’s CZ Zhao pleaded guilty last year for failing to “maintain an effective anti