![Former Binance CEO Moves To Halfway House In California Former Binance CEO Moves To Halfway House In California](https://image.coinpedia.org/wp-content/uploads/2022/07/18113629/google-news-img.webp)
![Former Binance CEO Moves To Halfway House In California Former Binance CEO Moves To Halfway House In California](https://image.coinpedia.org/wp-content/uploads/2022/07/18113629/google-news-img.webp)
Within the newest growth, Changpeng Zhao, the previous CEO of Binance, has been transferred from jail to a midway home on the Residential Reentry Administration workplace in Lengthy Seashore, California. Whereas there have been false rumors and hypothesis that Zhao has been formally launched from all custody, current federal inmate trackers have been up to date to indicate that Zhao is in a midway home. Zhao, who started serving his sentence in late Could for violating U.S. anti-money laundering legal guidelines, is scheduled to be launched on September 29.