Binance’s Changpeng Zhao Challenges DoJ’s Travel Restriction

Former Binance CEO Changpeng Zhao (CZ) is contesting the United States government’s attempt to hinder his travel plans to the United Arab Emirates (UAE). Notably, he wishes to be with his family during the waiting period before his sentencing on February 23, 2024.

Changpeng Zhao is a “Flight Risk”

Magistrate Judge Brian A. Tsuchida granted CZ permission to travel to the UAE on November 21, emphasizing that his presence in the guilty plea process indicated no flight risk. However, on November 22, U.S. prosecutors filed a court document arguing for restrictions on Zhao’s departure from the United States. They cited concerns about him being a flight risk in the dispute over bond…

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