Former Binance CEO CZ Ordered to Surrender Canadian Passport to US

Former Binance CEO CZ Ordered to Surrender Canadian Passport to US

In a recent development in the continuing legal situation involving Changpeng Zhao, the ex-CEO of Binance, the United States has instructed him to surrender all his active or expired passports to a designated third party.
This directive was revealed in a legal filing submitted on March 12, changing Zhao’s bond conditions for release.
Travel Restrictions and Bans
According to the filing, United States District Judge A. Jones, presiding over the case, has stipulated that Zhao must remain within the borders of the United States for the duration of his sentencing and must inform court authorities of any planned travel.
“Defendant must remain in the continental United States through the imposition of sentence,” “Defendant must notify Pretrial Services before any travel within the continental United States,” stated the filing.
As part of the amended bond conditions, Zhao must also give his Canadian passport to a third-party custodian, who must accompany him whenever he travels to d

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