Bloomberg: Former Binance CEO Zhao Changpeng has been released

ChainCatcher news, according to Bloomberg, Binance's former leader and co-founder Changpeng Zhao (CZ) has been released two days earlier than originally planned.

A spokesperson for the Federal Bureau of Prisons declined to provide specific information regarding CZ's release.

The U.S. Department of Justice had requested to extend CZ's sentence to 36 months, as they accused CZ of willfully violating the law for the benefit of the company and himself. On the other hand, CZ's lawyer stated that CZ has taken responsibility and "deeply regrets" his crimes, requesting the court to impose probation.