Why could CZ of Binance remain in prison longer?

Changpeng Zhao, aka CZ, former CEO of Binance, began a four-month prison sentence last June. His incarceration caused quite a stir in the crypto world, marking a spectacular fall for this titan of cryptocurrencies. The suspense is at its peak, as his release initially scheduled for the end of August is now postponed to the end of September. The reason? A delayed start of his sentence orchestrated by his legal team.

The judicial saga of CZ: A crypto thriller with twists and turns

CZ, the strongman of Binance, has not been spared by judicial setbacks. The court had initially recommended that he serve his sentence in Seatac, a high-security federal detention center, but thanks to the skill of his lawyers, he is now in a low-security prison, FCI Lompoc II.

Prosecutors had initially demanded three years in prison, but the sentence was reduced to only four months for the man who initiated…