Moments after the news dropped that former Binance CEO Changpeng Zhao, a.k.a. CZ, would be serving four months in federal prison for money laundering, two things happened.

First, with a fortune valued over $40 billion, CZ is set to become the richest person to ever serve time in a federal prison in the U.S., according to Bloomberg. Second, the internet lit up with reactions to news a man responsible for helping to build the largest cryptocurrency exchange in the world will be incarcerated.

Former Binance colleague Patrick Hillmann joined the chorus of supportive voices.

"I witnessed first hand as CZ rebuilt the executive team around him in 2021 to prepare Binance to be regulated at the global level," the former chief strategy officer at Binance posted to X. "Judge Jones handed down a …