CZ is expected to be released from federal prison in the United States in September 2024.

Recently, it was reported that a 47-year-old Asian male will be released from a federal prison in the United States on September 29, 2024. The man is registered under number 88087-510, and his name is "CHANGPENG ZHAO".

This news has garnered widespread attention in the cryptocurrency community. As early as June of this year, there were reports that the founder of a well-known cryptocurrency exchange had begun serving time in a federal prison in California. At the time, it was reported that the 47-year-old founder had been assigned prisoner number 88087-510, with an expected sentence of four months.

There is a clear connection between these two seemingly independent pieces of news, sparking much speculation and discussion among industry insiders. Although the officials have not yet made a formal statement on the matter, this situation will undoubtedly have a profound impact on the cryptocurrency industry.

Industry insiders generally believe that this event may bring new variables to the operations of relevant enterprises and the regulatory environment of the entire industry. At the same time, it has once again sparked people's thoughts on the compliance of the cryptocurrency industry and its future development direction.

As the release date approaches, all parties involved are closely monitoring the further developments of the situation. Regardless of the outcome, this event will become an important milestone in the development of cryptocurrency, and its impact may last for quite a long time.