Changpeng CZ Zhao

The SEC and Binance move to halt their legal battle for 60 days, seeking an early resolution. Could the new Crypto Task Force help end the case?

Binance founder Changpeng "CZ" Zhao, convicted for violating the Bank Secrecy Act, has been released two days early after serving a four-month prison sentence.

The U.S. Department of Justice (DOJ) is advocating for a three-year prison sentence for Changpeng "CZ" Zhao, the founder of Binance, following his guilty plea last year.