According to official sources, the founder of Binance, Changpeng Zhao (CZ), is set to be released from U.S. federal prison next week on September 29. This info comes straight from the Federal Bureau of Prisons website.

Big news for the crypto space!

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CZ's release could be a major catalyst for Binance's price action, potentially triggering a relief rally for BNB and the broader crypto market. This development may also lead to increased confidence in the exchange's stability and future prospects, ultimately benefiting its users and stakeholders.

This could be a significant catalyst for Binance's price movement and overall market sentiment, as CZ's release may alleviate regulatory concerns and bring stability to the platform, potentially boosting investor confidence and driving up demand for BNB and other supported cryptocurrencies.