Blitzchung will recieve prize money for season 2 and his ban is reduced to 6 months. Still feels harsh imo, and I suspect Blizz and Tencent are at odds a bit here, but it's an imrpovement. https://news.blizzard.com/en-us/blizzard/23185888/regarding-last-weekend-s-hearthstone-grandmasters-tournament …
I'd say it's a good step in the right direction. Being silent or being stubborn in their punishment would've been worse. There's still room for improvement but it's a good start.