Changpeng Zhao was formerly thought to be the richest inmate in the nation, with Forbes pegging his net worth at an astounding $61.6 billion. He spent four months in a low-security California prison after admitting that Binance, the cryptocurrency exchange he founded, did not comply with Know Your Customer (KYC) regulations, a breach of the Bank Secrecy Act.
On Sept. 27, 2024, Zhao was released, two days ahead of his original release date, which had been set for Sept. 29. This early release was likely due to the original date falling on a Sunday, giving the…
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