Binance Founder & Former CEO CZ (Changpeng Zhao) has been released from California prison. as free man after completing 4-months (119 days) sentence.
Cryptoverse is Happy
This is a happy occasion for the entire crypto world. But it is also sad that he had to go to jail because the lawmakers misunderstood his work. It was good that the judge in whose court the case was heard understood the situations, so despite the insistence of CFTC and SEC, he was given a normal jail term of 4 months.
CZ is legend
CZ took crypto to small countries. Binance ended the tier discrimination prevalent in online earning and gave equal rights to everyone. In CZ's Binance, not only did people learn to make their crypto safe and investable, but other hackers also did not get opportunities. CZ's contribution was much bigger than just being a businessman.