• U.S. prosecutors demand Changpeng Zhao’s Canadian passport and all other travel documents. 
• They requested additional restrictive measures on the Binance founder.
• U.S. court has approved Binance’s $4.3 billion settlement agreement.

The legal saga surrounding former Binance CEO Changpeng Zhao (CZ) takes a new turn as U.S. prosecutors push for more stringent travel restrictions ahead of his sentencing. The United States Attorney’s Office has requested a federal judge to impose additional measures on Zhao, who pleaded guilty to failing to maintain an effective Anti-Money Laundering program at Binance.

In a recent filing dated Feb. 23, U.S. Attorney Tessa Gorman petitioned Magistrate Judge Brian Tsuchida to enforce specific conditions for CZ’s freedom on bail. The proposal includes mandating Zhao to remain within the United States until his sentencing hearing scheduled for April 30. 

Furthermore, prosecutors demanded that he surrender his Canadian passport and any other current and expired passports and travel documents to his legal team. 

Notably, Zhao, who also holds citizenship in the …

The post Former Binance CEO CZ Ordered to Surrender Canadian Passport and all Travel Docs appeared first on Coin Edition.

• U.S. prosecutors demand Changpeng Zhao’s Canadian passport and all other travel documents. 
• They requested additional restrictive measures on the Binance founder.
• U.S. court has approved Binance’s $4.3 billion settlement agreement.

The legal saga surrounding former Binance CEO Changpeng Zhao (CZ) takes a new turn as U.S. prosecutors push for more stringent travel restrictions ahead of his sentencing. The United States Attorney’s Office has requested a federal judge to impose additional measures on Zhao, who pleaded guilty to failing to maintain an effective Anti-Money Laundering program at Binance.

In a recent filing dated Feb. 23, U.S. Attorney Tessa Gorman petitioned Magistrate Judge Brian Tsuchida to enforce specific conditions for CZ’s freedom on bail. The proposal includes mandating Zhao to remain within the United States until his sentencing hearing scheduled for April 30. 

Furthermore, prosecutors demanded that he surrender his Canadian passport and any other current and expired passports and travel documents to his legal team. 

Notably, Zhao, who also holds citizenship in the …

The post Former Binance CEO CZ Ordered to Surrender Canadian Passport and all Travel Docs appeared first on Coin Edition.