Binance’s Changpeng Zhao is a ”serious flight risk” and should be barred from leaving the US before February, prosecutors said.
U.S. prosecutors aim to block former Binance CEO CZ’s exit over flight risk
United States government prosecutors have voiced concerns over the potential flight risk of former Binance CEO Changpeng Zhao, commonly known as CZ. In a filing to a Seattle federal court in November they requested a review and overturn of a judge’s decision to allow Zhao to return to his home in the United Arab Emirates
Binance’s Ex-CEO CZ ‘Poses a Serious Risk of Flight,’ Prosecutors Claim in Asking He Stay in U.S.
Binance’s Ex-CEO CZ ‘Poses a Serious Risk of Flight,’ Prosecutors Claim in Asking He Stay in U.S. From Centralization to Intent Revolution: Infura’s Shift, Blockchain’s ‘Intents’ Era, and OKX’s L2 Triumph!
Binance CEO CZ may not return to the UAE before sentencing
Binance CEO Changpeng Zhao may not return to his residence in Dubai, UAE after his release on bond. Recent reports indicate that the US prosecutors have appealed to the judge, asking that CZ remain in the US until his sentencing.
Binance sees $956M in outflows after Zhao steps down to settle US probe
Investors pulled about $956 million from crypto exchange Binance over the past 24 hours, market data showed, after its chief, Changpeng Zhao, stepped down and faced prison time after pleading guilty …
Binance’s Zhao Addresses DOJ Deal; Richard Teng Named New CEO
With recent developments surrounding the Department of Justice plea deal, Binances CEO, Changpeng Zhao, has broken his silence. Additionally, Richard Teng has been named as the new CEO for the leading …
CZ steps down as Binance CEO in $4 billion settlement with DOJ
The settlement with the world’s largest cryptocurrency exchange amounts to one of the biggest corporate fines in U.S. history.
Coinbase CEO Boast Exchange’s Regulatory Compliance Efforts as Binance Chief Steps Down
Armstrong touted Coinbase’s efforts at remaining in line with US compliance, while calling for regulatory clarity in the sector.
Flash News: OKX Lists Perpetual for SSV and Enables Margin Trading and Simple Earn
OKX Lists Perpetual for SSV and Enables Margin Trading and Simple Earn OKX is pleased to announce that SSV margin trading and Simple Earn will be enabled at 04:00 am UTC on November 23. USDT-margined …
Former Binance CEO ChangPeng Zhao Reportedly Released From Custody On $175M Bond, Could Return To Dubai
ChangPeng Zhao, the former CEO of Binance, has been released from custody pending “further proceedings” in a case involving money laundering violations.
Changpeng Zhao speaks out after pleading guilty to criminal charges, names Richard Teng as new Binance CEO
After stepping down and pleading guilty to federal money laundering charges, former Binance CEO Changpeng Zhao has named a successor.
CZ released on $175M bond, could return to Dubai
Former Binance CEO Changpeng Zhao will pay a $175 million bond and agreed to return to the U.S. two weeks before his sentencing date set for Feb. 23 next year.
CZ to step down as Binance CEO in $4 billion settlement with DOJ
Changpeng “CZ” Zhao, the billionaire founder of the world’s largest cryptocurrency exchange, Binance, is expected to step down as CEO and plead guilty to money laundering charges as part of $4 billion …
DOJ Tells Binance: Pay $4 Billion To End Legal Troubles:
The United States Justice Department is currently engaged in negotiations with Binance to bring an end to its investigation into …
Binance CEO Changpeng Zhao to plead guilty ahead of expected $4.3bn crypto fines: reports
Binance CEO and founder Changpeng Zhao will plead guilty to money-laundering charges and step down from the cryptocurrency giant, according to a report by the Wall Street Journal.
Factbox-Which crypto bosses besides Binance’s CZ are in US authorities’ crosshairs?
By Niket Nishant, Hannah Lang and Tom Wilson (Reuters) -Binance chief Changpeng Zhao will step down and plead guilty to breaking criminal U.S. anti-money laundering laws as part of a settlement …
US Justice Department is seeking more than US$4 billion from Binance to end criminal case
The US Justice Department is seeking more than US$4 billion from Binance Holdings as part of a proposed resolution of a years-long investigation into the world’s largest cryptocurrency exchange.