• Binance Founder Changpeng Zhao is set to be released from prison on September 29.
• Zhao is shifted from FCI Lompoc II prison to RRM Long Beach, better known as a “halfway house.”
• Crypto enthusiasts see Zhao’s release as a bullish sign that could significantly impact the market.

Reports about Binance Founder Changpeng Zhao’s supposed early release on August 22 has caused quite a stir. But, despite the buzz, US Bureau of Prisons records show Zhao’s release date remains September 29.

Data indicates the Binance founder was transferred from FCI Lompoc II prison in California to RRM Long Beach, commonly called a “halfway house.” Prisoners nearing their release date often move to halfway houses. However, according to InmateAID, Long Beach relies on voluntary compliance for security.

While the federal inmate tracker initially showed Zhao’s move to the halfway house, some X users and crypto firms mistook it for his surprise release. Social media celebrated the misinterpreted news, with the community expressing support for Zhao. Some even predicted a bull market upon his release.

Despite the rumors being disproved, the community remains hopeful on a pote…

The post Changpeng Zhao Release Date: The Truth Behind the Rumors appeared first on Coin Edition.

• Binance Founder Changpeng Zhao is set to be released from prison on September 29.
• Zhao is shifted from FCI Lompoc II prison to RRM Long Beach, better known as a “halfway house.”
• Crypto enthusiasts see Zhao’s release as a bullish sign that could significantly impact the market.

Reports about Binance Founder Changpeng Zhao’s supposed early release on August 22 has caused quite a stir. But, despite the buzz, US Bureau of Prisons records show Zhao’s release date remains September 29.

Data indicates the Binance founder was transferred from FCI Lompoc II prison in California to RRM Long Beach, commonly called a “halfway house.” Prisoners nearing their release date often move to halfway houses. However, according to InmateAID, Long Beach relies on voluntary compliance for security.

While the federal inmate tracker initially showed Zhao’s move to the halfway house, some X users and crypto firms mistook it for his surprise release. Social media celebrated the misinterpreted news, with the community expressing support for Zhao. Some even predicted a bull market upon his release.

Despite the rumors being disproved, the community remains hopeful on a pote…

The post Changpeng Zhao Release Date: The Truth Behind the Rumors appeared first on Coin Edition.