As of Aug. 22, the US Federal Bureau of Prisons listed the former Binance CEO as an inmate of the Residential Reentry Management Long Beach field office.
Changpeng “CZ” Zhao still has 38 days before his expected release from custody, but records show authorities have transferred the former Binance CEO to an administrative facility in the Greater Los Angeles area.
According to records with the United States Federal Bureau of Prisons (BOP), as of Aug. 22, Zhao was listed as an inmate of the Residential Reentry Management (RRM) Long Beach field office, which helps place federal offenders. Until recently, the former Binance CEO was in the Federal Correctional Institution Lompoc in central California.
It’s unclear why Zhao was transferred ahead of his release date, scheduled for Sept. 29. In April, a federal judge sentenced the former Binance CEO to four months in prison after he pleaded guilty to failing to maintain an effective Anti-Money Laundering program while leading the crypto exchange. He reported to prison on May 31.
