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DegenLoxi1
28 days ago
Former Binance CEO Changpeng Zhao (CZ) has been moved from his prison to the RRM Long Beach halfway house in California and has not been freed, despite claims from excited X (formerly Twitter) users.

CZ was initially being held at FCI Lompoc II prison, also in California. However, the federal inmate tracker was updated this week to reveal he has been moved to Long Beach.

RRM Long Beach is classed as a ‘residential reentry management (RRM) field office,’ otherwise known as a ‘halfway house.’ Federal inmate communications provider InmateAID says it is a housing unit that assists inmates nearing their release date.

InmateAID says, “There is no security level other than voluntary compliance but there is a strict adherence to the rules of the house.”

This means that while CZ will technically be out of prison — RRM Long Beach is a Bureau of Prisons-administered facility rather than a prison per se — he will still be serving his sentence.

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