{"id":137324,"date":"2024-09-17T08:00:11","date_gmt":"2024-09-17T05:00:11","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137324"},"modified":"2024-09-16T23:43:00","modified_gmt":"2024-09-16T20:43:00","slug":"release-date-for-binance-ex-ceo-changpeng-zhao-officially-confirmed","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/release-date-for-binance-ex-ceo-changpeng-zhao-officially-confirmed\/","title":{"rendered":"Release Date for Binance Ex-CEO Changpeng Zhao Officially Confirmed"},"content":{"rendered":"<p>He served his <a href=\"https:\/\/www.bop.gov\/inmateloc\/\" target=\"_blank\" rel=\"nofollow\"><strong>sentence<\/strong><\/a> in a low-security prison in Santa Barbara County after surrendering in May 2024, following his sentencing in April.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-128062\" src=\"https:\/\/cryptodnes.bg\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-16-at-19.23.19.png\" alt=\"\" width=\"1057\" height=\"299\"><\/p>\n<p>The 47-year-old Zhao pleaded guilty to charges related to enabling money laundering on his cryptocurrency exchange Binance, which also led to his resignation as CEO.<\/p>\n<p>Federal prosecutors initially recommended a three-year prison sentence, while sentencing guidelines suggested 12 to 18 months. Zhao\u2019s defense team asked for five months\u2019 probation. But the judge chose the softer sentence of four months.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/hacker-group-loses-5-million-in-frozen-stablecoins\/\" title=\"Hacker Group Loses $5 Million in Frozen Stablecoins\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/hackerr-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Hacker Group Loses $5 Million in Frozen Stablecoins<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>After spending time in federal prison in Lompoc, California, Jabo was moved to a transitional housing house, a facility designed to help people reintegrate into society by providing a variety of support services. His release will mark the end of a tumultuous chapter in his career and in Binance\u2019s operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former Binance CEO Changpen Zhao is nearing the end of his four-month prison sentence, with his release scheduled for September 29, according to the US Federal Bureau of Prisons.<\/p>\n","protected":false},"author":7,"featured_media":37148,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22,26],"tags":[],"class_list":["post-137324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","category-cryptocrime"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Release Date for Binance Ex-CEO Changpeng Zhao Officially Confirmed<\/title>\n<meta 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