Zhao will be required to stay in the United States until the Seattle court considers whether he should remain through his sentencing hearing in February, or if he should be allowed to return to the United Arab Emirates, where he is a citizen. Zhao, who is also a...
Ex-Binance CEO Changpeng Zhao was instructed to give up his Canadian passport as part of a revised bail agreement, court documents filed Monday showed. US District Judge Richard Jones stated in the filing that a third-party custodian must keep Zhao’s passport and accompany him on any trips ...
Former CEO and Binance founder Changpeng Zhao‘s (CZ) departure from the firm will trigger some short-term volatility in the cryptocurrency market, but crypto will “continue to thrive as more institutional money pours in,” predicts the CEO of an independent financial advisory, asset management ...
Zhao resigned as Binance CEO and pleaded guilty to the felony charge as part of a settlement with U.S. authorities, in which the crypto exchange agreed to pay $4.3 billion for “civil regulatory enforcement actions.” The deal did not affect an ongoing civil suit with Binance, Binance.US ...
In short, the ultimate reason Zhao isn’t in prison yet is because theUS Constitution guarantees due process. The Fifth Amendment provides this protection to all persons within the US, including non-citizen occupants. This simple guarantee and its extensive, multi-century interpretive guidance by ...
“He decided to come here and face the consequences,” Bartlett said. “He’s sitting here. He pled guilty.” Zhao, who is married and has young children in the UAE, promised he would return to the U.S. for sentencing if allowed to stay there in the meantime. “...
The post Changpeng Zhao’s Unexpected Turn: Sentenced to Four Months for Financial Crimes appeared first on Coinpedia Fintech News In an interesting twist
On April 8,Crypto Asia Summit, the largest virtual crypto summit of 2020 ( May 18~23) announced Binance CEO Changpeng Zhao (CZ) will headline as one of the live online speakers. The event is aimed to help the crypto industry spread awareness all over the world while maintaining safe social...
As of September, the exchange’s spot trading market share had fallen consecutively in seven months to 34.3%. In January, Binance’s spot market share was over 55%. Related Articles Binance.US and Changpeng Zhao Face Class-Action Lawsuit Over FTX Collapse ...
On April 8,Crypto Asia Summit, the largest virtual crypto summit of 2020 ( May 18~23) announced Binance CEO Changpeng Zhao (CZ) will headline as one of the live online speakers. The event is aimed to help the crypto industry spread awareness all over the world while maintaining safe social...