Yesterday on X, news suddenly began to circulate that Binance founder CZ (CZ) had been released from prison, triggering heated discussions in the community. However, according to the verification of the Bureau of Prisons database, if CZ's release date has not changed, it should be September 29. What happened?
CZ has been transferred to a halfway house.
After checking, the mobile zone found that, technically speaking, CZ is indeed out of prison now, but he is still under the supervision of the US government and cannot move freely. According to "Decrypt"reports , CZ appears to have been transferred from FCI Lompoc II, a low-security federal prison in Los Angeles, to Long Beach RRM (residential reentry management offices), which is a space designed to prepare inmates who are nearing the end of their sentences for reintegrating into society. , also known as the "halfway house."
What is RRM?
RRMs, also known as halfway houses or community corrections centers, are facilities managed by the U.S. Federal Bureau of Prisons (BOP). Its primary purpose is to help individuals successfully transition from incarceration back into the community. These offices provide an organized environment where inmates can receive support services, including vocational training, drug treatment and other rehabilitation programs, to assist with their reintegration into society.
The community is optimistic about BNB’s recovery
At present, it seems that the news is very true. After all, CZ is a low-risk prisoner, and there is only one month left before he is actually released from prison. Recently, some communities have begun to speculate on his release from prison.
For example, X netizen @BroLeonAus said that if there is a correction or a pin market in the near future, he will buy the dips$BNB at the bottom. The mid-term goal is to gain the positive expectations brought by CZ's release from prison. He said:
I found something quite interesting. $BNB was defeated by $SOL in this rebound. Not long after it took the fourth place in market value, it once again stubbornly overtook it and climbed to the front with a slight advantage.
If I remember correctly, this battle for the fourth spot has been fought many times, and the strength of BNB’s rebound from this plunge also proves the dealer’s determination to maintain the ranking.
There are even meme coins such as Freecz that have begun to be deployed on the chain.
BNB bucks the trend and rises
I don’t know whether it was motivated by this news or driven by the launch of new currency mining DOGS. According to CoinGecko data , although Bitcoin has fallen slightly in the past 24 hours, BNB has still increased by 3.4% in the past 24 hours and is currently at $585.86; with 8 /5 Compared with the lowest point of about US$410, it has recovered significantly by more than 40%.
