Changpeng 'CZ' Zhao might regain his freedom on September 29
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Federal prosecutors suggested that he be sentenced to three years in prison. Similarly, the sentencing guidelines called for a prison term of 12 to 18 months, and the defense requested five months of probation. However, the judge was more lenient and pronounced only a four-month sentence. After some time in the Lompoc prison, the ex-Binance CEO was transferred to a halfway house, an institution for people who need educational, social, psychiatric and other services before being integrated back into society.Once his four-month jail term is completed, it is assumed that CZ may reenter the crypto industry, although no information has been released to justify this speculation.
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