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Market
Will Binance announce new anti-money laundering measures by December 31, 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official Binance announcements, news reports, or press releases
Story
Binance Founder Changpeng Zhao to Be Released from Prison on September 29 After Four-Month Sentence
Sep 16, 2024, 12:50 PM
Binance founder Changpeng Zhao, also known as CZ, is set to be released from prison on September 29, 2024, according to the U.S. Federal Bureau of Prisons. Zhao, who is 47 years old and has the registration number 88087-510, has been serving a four-month sentence in California for failing to implement effective anti-money laundering measures at Binance. His release follows a multiyear investigation by the Department of Justice.
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Fines imposed • 33%
Operational restrictions • 33%
No new measures • 34%
Yes, by SEC • 25%
Yes, by CFTC • 25%
Yes, by another regulatory body • 25%
No further actions • 25%
