{"id":26680,"date":"2024-02-24T15:04:19","date_gmt":"2024-02-24T15:04:19","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/us-prosecutors-want-changpeng-zhao-to-surrender-all-passports\/"},"modified":"2024-02-24T15:04:19","modified_gmt":"2024-02-24T15:04:19","slug":"us-prosecutors-want-changpeng-zhao-to-surrender-all-passports","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/us-prosecutors-want-changpeng-zhao-to-surrender-all-passports\/","title":{"rendered":"US prosecutors want Changpeng Zhao to surrender all passports"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/02\/passport-image-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/02\/passport-image-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/02\/passport-image-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/02\/passport-image-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">US prosecutors seek court orders compelling former Binance CEO Changpeng Zhao to surrender his passports.<\/span><\/li>\n<li><span style=\"font-weight: 400\">The government wants Zhao\u2019s bond conditions to ensure he doesn\u2019t travel out of the US ahead of his sentencing.<\/span><\/li>\n<li><span style=\"font-weight: 400\">Zhao pleaded guilty to breaking the federal anti-money laundering law.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">US prosecutors have filed a motion requesting that former <a href=\"https:\/\/coinjournal.net\/news\/tag\/binance\/\">Binance<\/a> CEO Changpeng Zhao be asked to surrender his travel documents ahead of his sentencing in April this year.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The US Attorney\u2019s Office, in a filing at the District Court for the Western District of Washington, requested Magistrate Judge Brian Tsuchida to approve additional travel restrictions against Zhao. <\/span><\/p>\n<h2><span style=\"font-weight: 400\">US Attorney\u2019s Office eyes travel restrictions for Zhao<\/span><\/h2>\n<p><span style=\"font-weight: 400\">As noted in the court document filed on February 23 by US Attorney Tessa Gorman, the government wants Zhao\u2019s bail conditions specified.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The former Binance chief <a href=\"https:\/\/coinjournal.net\/news\/binance-ceo-changpeng-zhao-to-resign-as-part-of-doj-settlement-report\/\">stepped down<\/a> in 2023 as US authorities announced a $4.3 billion settlement with the exchange. His exit also happened after he (Zhao), pleaded guilty to charges related to money laundering at the exchange.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The sentencing hearing is scheduled for April 30 and prosecutors want the former Binance CEO to remain in the United States till then. They also want him to notify the prosecution ahead of any travel plans, with the request being that he give a three-day notice to allow prosecutors raise objections.<\/span><\/p>\n<p><span style=\"font-weight: 400\">With this, the US Attorney\u2019s Office has asked that Zhao surrender his Canadian passport as well any other travel documents, including expired passports. Zhao\u2019s request for court permission to travel to the UAE \u2013 where he holds citizenship \u2013 was denied in December.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Judge Richard Jones ordered that Zhao stay in the US ahead of his sentencing, citing the ex-Binance CEO\u2019s massive wealth and lack of US ties as factors that could see him flee to the UAE.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Zhao, however, remains free on the $175 bond set in November last year.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/us-prosecutors-want-changpeng-zhao-to-surrender-all-passports\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) US prosecutors seek court orders compelling former Binance CEO Changpeng Zhao to surrender his passports. The government wants Zhao\u2019s bond conditions to ensure he doesn\u2019t travel out of the US ahead of his sentencing. Zhao pleaded guilty to breaking the federal anti-money laundering [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":26681,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26680"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=26680"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26680\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/26681"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=26680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=26680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=26680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}