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Prosecutors want Binance's CZ kept on tighter leash ahead of sentencing - TL;DR CNBC

Prosecutors want Binance's CZ kept on tighter leash ahead of sentencing

Publishing timestamp: 2024-02-23 18:56:48


Summary

U.S. prosecutors are seeking to tighten the bond conditions of Binance founder Changpeng "CZ" Zhao before his sentencing for breaking federal anti-money laundering laws. The new conditions would require him to surrender his Canadian passport, provide notice before traveling within the country, and restrict his movement. Zhao's lawyers have objected to the proposal.


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Keywords: business newspoliticssecurities fraudcrimeunited statesbreaking news: politicsbinance/usd coin metrics

Source: https://www.cnbc.com/2024/02/23/prosecutors-want-binances-cz-kept-on-tighter-leash-ahead-of-sentencing.html


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