CZ's release date has been postponed to September 29, previously rumored to be August 30, which is not true.

Recently, some Crypto Assets enthusiasts expressed on social media their anticipation for the release of Zhao Changpeng, the founder of a well-known trading platform, possibly on August 30. However, after fact-checking, this widely circulated date is not accurate.

Recall that at the end of April this year, U.S. Judge Richard Jones handed down a verdict requiring Changpeng Zhao to serve four months in a Seattle prison and proposed that he be placed in a prison facility near Seattle-Tacoma International Airport. The ruling initially led many to believe that Changpeng Zhao would be released on Aug. 30 if he were to jail immediately.

However, the situation took a turn. Zhao Changpeng's legal team worked hard to secure more time for him. These efforts paid off, delaying Zhao Changpeng's actual prison time until late May. Furthermore, he was not sent to the originally designated prison, but was instead transferred to a low-security federal prison, FCI Lompoc II, located about a three-hour drive north of Los Angeles.

According to the latest records from the prison management bureau database, Zhao Changpeng is indeed serving time at FCI Lompoc II. As for his specific release date, unless unforeseen circumstances arise, it has been confirmed to be September 29, rather than the widely circulated August 30.

This clarification of information is particularly important for those closely following the dynamics of the Crypto Assets industry, as it pertains to the whereabouts of a significant figure in the industry. At the same time, it reminds us to remain cautious when disseminating and receiving information, verifying it whenever possible through official or reliable sources.