Camp

Richard

April

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 Cover image via <a href="https://u.today/">U.Today</a>
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Former Binance CEO Changpeng Zhao has already reported to a federal prison in California to start his four-month prison sentence, according to&nbsp;<a href="https://www.bloomberg.com/news/articles/2024-06-03/binance-founder-zhao-reports-to-low-security-california-prison?utm_campaign=socialflow-organic&amp;utm_medium=social&amp;utm_content=crypto&amp;utm_source=twitter">Bloomberg</a>.&nbsp;
Zhao will serve his sentence at Lompoc II, a low-security correctional institution where inmates spend most of the day outside.
Prison consultant Sam Mangel believes that CZ is going to be "perfectly fine."
Farmlands are a big part of the Lompoc federal prison, with a lot of inmates working on farms that produce beef, field crops, and milk. This is where a lot of manual labor is done. Potential jobs range from dairy farming and riding horses to picking corn and planting it.&nbsp;
The Lompoc Federal Prison Camp used to be known as America's most famous "country club" prison with T-shirts instead of khaki uniforms and unarmed guards. It was then converted into a higher security federal prison in the 90s.&nbsp;
Lompoc famously housed Herbert Kalmbach, the personal attorney of former President Richard Nixon. The facility was particularly known for its luxury, with inmates playing tennis in free time.&nbsp;&nbsp;
As&nbsp;<a href="https://u.today/breaking-cz-sentenced-to-months-in-prison">reported by U.Today</a>, Zhao was sentenced to four months behind bars in April after stepping down as the CEO of Binance last year and pleading guilty to money laundering violations.&nbsp;
In the meantime, former FTX CEO Sam Bankman-Fried, who was sentenced to 25 years in federal prison earlier this month, was recently transferred to a medium-security federal correctional institution in Mendota, California, last month.&nbsp;

Former Binance CEO CZ Reports to Federal Prison

U_Today

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