CZ’s First Post-Prison Message: “gm” to Crypto

• Changpeng Zhao regained his freedom from prison on Friday.
• Zhao paid a $50 million personal fine, while Binance paid $4.3 billion in penalties.
• Zhao’s post prompted excitement from crypto community members on X.

Binance founder Changpeng Zhao walked free from a U.S. correctional facility in California on Friday. He spent four months in jail after the court sentenced him for failing to implement an anti-money laundering program at Binance exchange.

In addition to the jail time, Zhao paid a $50 million personal fine, while Binance paid $4.3 billion in penalties. Reports indicate Binance’s penalties were part of a settlement related to anti-money laundering and sanctions law violations.

CZ’s First Post-Prison Message: “gm”

A few hours into his release, Zhao hopped on X (formerly Twitter) to make his first public post. He simply posted “gm,” a common crypto greeting short for “good morning.” 

Zhao’s post garnered over 27,000 responses in less than two hours, with many of his followers excited about his return.

Read also: Binance CEO Reveals CZ’s Lifetime Ban: A Major Blow

Several crypto comm…

The post CZ’s First Post-Prison Message: “gm” to Crypto appeared first on Coin Edition.