U.S. Department of Justice (DOJ) prosecutors request the court to tighten bond conditions of Changpeng “CZ” Zhao, former Binance CEO, ahead of criminal sentencing for violating anti-money laundering (AML) law
US Attorneys propose new bail conditions consistent with the December order by Judge Richard Jones that Changpeng "CZ" Zhao must remain in the continental U.S. until sentencing, turning down CZ's requests to travel to his family in the UAE
US Attorneys propose new bail conditions consistent with the December order by Judge Richard Jones that Changpeng "CZ" Zhao must remain in the continental U.S. until sentencing, turning down CZ's requests to travel to his family in the UAE.
Also, Judge Jones said CZ must remain in the U.S. and under Pretrial Services supervision through sentencing. Prosecutors claim the bond conditions should be revised to reflect those orders, tightening the grip on Binance's former CEO CZ.
DOJ prosecutors urged the court to delete conditions listed under "Other Special Conditions". The new special conditions are:
CZ must remain in the continental U.S. until the imposition of sentence.
He must notify Pretrial Services and the government of any travel within the continental United States at least three days before the travel.
Changpeng Zhao must surrender his current Canadian passport to his counsel-supervised third party, surrendering all other current and expired passports and travel documents to his counsel.
Defendant may not change his place of residence without prior approval from authorities.
Changpeng "CZ" Zhao's lawyers have objected to the proposed bond conditions, according to the filing.