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Binance founder 'CZ' released from custody after four-month sentence | TechCrunch

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Summary
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71% Informative

Binance founder Changpeng “CZ” Zhao was released from US custody on Friday after serving out his four-month sentence.

CZ pleaded guilty to the DOJ’s charges, paid a $50 million fine, and agreed to never be a Binance executive again.

Binance was forced to pay a $4.3 billion settlement to the US government, one of the largest corporate fines in US history.

VR Score

57

Informative language

46

Neutral language

91

Article tone

formal

Language

English

Language complexity

51

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not offensive

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not hateful

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not detected

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not detected

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short-lived

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