CZ's sentencing hearing is scheduled to take place in February next year.

According to BlockBeats news on November 22, Binance founder and former CEO CZ has been released on bail after paying a personal guarantee of $175 million. The sentencing hearing is scheduled to take place on February 23, 2024 at 9:00 AM Pacific Time (1:00 AM Beijing Time on February 24). The terms of CZ's release prohibit him from committing any further crimes, flirting with witnesses or victims, or taking any non-prescription controlled substances, which is a standard provision in bail agreements. CZ is allowed to leave the United States and has stated that he must return 14 days prior to sentencing.