Richard

Long

United

Terra Classic

April

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 <a href="https://coingape.com/glossary/anti-money-laundering-aml/" target="_blank" rel="noopener noreferrer nofollow">anti-money laundering</a> (AML) law.
<h2 id="doj-asks-court-to-tighten-bail-conditions-of-changpeng-cz-zhao">DOJ Asks Court to Tighten Bail Conditions of Changpeng “CZ” Zhao</h2>
US attorneys propose new bond conditions consistent with the December order by Judge Richard Jones that <a href="https://coingape.com/breaking-binance-founder-ordered-to-stay-in-us-until-his-sentence-hearing/" target="_blank" rel="noopener noreferrer nofollow">Changpeng “CZ” Zhao</a> 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:
<ul>
 <li>CZ must remain in the continental U.S. until the imposition of sentence.</li>
 <li>He must notify Pretrial Services and the government of any travel within the continental United States at least three days before the travel.</li>
 <li>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.</li>
 <li>Defendant may not change his place of residence without prior approval from authorities.</li>
</ul>
Changpeng “CZ” Zhao’s lawyers have objected to the proposed bond conditions, according to the <a rel="noopener noreferrer nofollow" href="https://storage.courtlistener.com/recap/gov.uscourts.wawd.328570/gov.uscourts.wawd.328570.63.0.pdf" target="_blank">filing</a>.
Also Read: <a title="LUNC News: Terra Classic Community Rejects Tax2Gas Proposal, But There’s A Catch" href="https://coingape.com/lunc-news-terra-classic-community-rejects-tax2gas-proposal-but-theres-a-catch/" target="_blank" rel="noopener noreferrer nofollow">Terra Classic Community Rejects Tax2Gas Proposal, But There’s A Catch</a>
<h2 id="doj-seeking-long-criminal-sentence">DOJ Seeking Long Criminal Sentence</h2>
In response to latest proceedings, including <a href="https://coingape.com/just-in-court-delays-binance-founder-czs-criminal-sentencing-heres-why/" target="_blank" rel="noopener noreferrer nofollow">CZ’s criminal sentencing postponed</a>&nbsp;to April end.&nbsp;CZ&nbsp;faces an 18-month prison term for violating&nbsp;anti-money laundering (AML)&nbsp;rules, but DOJ attorneys are looking for a long-term criminal sentence.
Moreover, prosecutors have received <a href="https://coingape.com/us-doj-request-new-order-case-against-ex-binance-ceo-changpeng-cz-zhao/" target="_blank" rel="noopener noreferrer nofollow">protective order</a> from the court regarding the sensitive information in the lawsuit. This includes sensitive witness interviews, third-party financial records, and third-party internal business records.
Meanwhile, Judge Jones has also approved the <a href="https://coingape.com/judge-sanctions-binances-4-3-billion-plea-deal-in-us-court/" target="_blank" rel="noopener noreferrer nofollow">$4.3 billion plea deal</a> by Binance, which includes a $1.81 billion criminal fine and $2.51 billion of forfeiture.
Also Read: <a href="https://coingape.com/us-senator-cynthia-lummis-supports-bitcoin-miners-in-rift-with-energy-department/" target="_blank" rel="noopener noreferrer nofollow">US Senator Cynthia Lummis Supports Bitcoin Miners In Rift With Energy Department</a>
The post <a href="https://coingape.com/us-doj-tightens-grip-on-binance-ex-ceo-changpeng-cz-zhao-details/" rel="noopener noreferrer nofollow">US DOJ Tightens Grip on Binance Ex-CEO Changpeng “CZ” Zhao: Details</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

US DOJ Tightens Grip on Binance Ex-CEO Changpeng “CZ” Zhao: Details

목차

Coingape News Media

2024년 2월 24일에 게재된 다른 기사

Carlson Group adds 4 Bitcoin ETFs to financial advisers

Pushd (PUSHD) Buying & Selling platform sparks new investors from Solana (SOL) & Ethereum (ETH)

Top Coin Price Predictions: Tron, Solana, Ethereum, and NuggetRush

Are AI-Controlled Aircraft the Key to Air Superiority?

Top Trending Crypto Coins on Solana Chain Today – KIN, ORCA, Zebec

Filecoin (FIL) & Stacks (STX) See Growth; Kelexo (KLXO) Stage 1 Close to Sell Out in Record Time

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!