🔴🔴🔴 Latest on CZ's sentencing hearing:

1. CZ strides in, donning a sharp navy suit and his trademark buzzcut. Teams of lawyers flank him.

2. Hearing pushed to 9:30 a.m. PT.

3. Judge bucks DOJ's bid for harsher sentencing—no proof CZ knew of wrongdoing.

4. DOJ suggests court assess CZ's awareness of illegal deeds.

5. Judge leans towards Probation Office's recommendation: Level 12 offense, 10-16 months in prison, 1-3 years supervised release.

6. DOJ lawyer accuses CZ of exploiting U.S. financial system, citing CZ's own words: "Seek forgiveness, not permission."

7. Judge questions DOJ's push for double sentencing guidelines; DOJ defends, citing CZ's actions.

8. Probation Department suggests 5-month sentence, aiming to deter without cruelty.

9. CZ's lawyer hints at sealed "compelling factor" for court's consideration.