- Binance CZ stresses compliance’s significance in crypto amid a four-month sentence.
- He expressed gratitude for community support, vowing to focus on education post-prison.
- Prominent figures laud CZ’s contributions to crypto innovation and entrepreneurship.
Former CEO of Binance Changpeng Zhao (CZ) has asserted that “compliance is super important” for the crypto industry after being sentenced to four months imprisonment. In his latest statement on X after his sentencing, Zhao expressed heartfelt gratitude to the crypto community for their care and support during his trying times.
He noted that those efforts have been pivotal in keeping him strong while he battled the U.S. authorities. “I will do my time, conclude this phase, and focus on the next chapter of my life,” CZ remarked.
I would like to thank everyone for your care and support, be it writing letters, showing support on X, or in any other form. They all mean a lot to me and keep me strong. I will do my time, conclude this phase and focus on the next chapter of my life (education).I will remain a…
— CZ BNB (@cz_binance) May 1, 2024
Notably, on Tuesday, U.S. District Judge Richard Jo…
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