CZ has begun serving his sentence in a federal prison in California

Odaily News CZ has begun serving his sentence at a low-security federal prison in Lompoc, California. CZ's defense team, Latham & Watkins, confirmed that CZ is now in custody. In November 2023, CZ pleaded guilty to violating the Bank Secrecy Act for failing to maintain an effective anti-money laundering program; in April of this year, CZ was sentenced to four months in prison. (CNBC)