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

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

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