A judge in Washington modified the former Binance CEO’s bond on Monday. by Katherine Ross /. March 13, 2024 10:02 am. Binance co-founder Changpeng Zhao | Piaras Ó Mídheach/Web Summit via Sportsfile/”PO1_4700″ (CC license). US District Judge Richard Jones modified former Binance CEO Changpeng Zhao’s bond ahead of sentencing.. Zhao — a Canadian citizen — was ordered to surrender his Canadian passport to a third-party custodian employed by his lawyers. He isn’t able to apply for new passports or travel documents either.. “The third-party custodian must retain control over that Canadian passport and must accompany Defendant on any travel that requires identification documents,” the Monday filing said.. Additionally, Zhao must also remain in the continental US and must inform “Pretrial Services” before any travel.. Read more: Here are the details of Binance and Changpeng Zhao’s plea deal. The US government sought to modify the bond earlier this year, arguing that the original bond expectations were set when the prosecutors believed that Zhao would be returning to the United Arab Emirates, which is his primary residence with his family.. Late last year, Zhao pushed to be allowed to go back to the UAE. However, a judge ordered him to stay in the US. This decision was made in part because the US does not have an extradition treaty with the UAE.. The former executive’s legal team initially objected to the government’s request, but prosecutors further argued that the requests were “commonsense” requirements.. Zhao is set to be sentenced on April 30 after the initial sentencing date was delayed.. Late last year, a handful of US government agencies announced that they had taken action against Binance and its former CEO.. As part of the Department of Justice settlement, Zhao agreed to a plea deal and resigned as the chief executive. Binance agreed to pay a multi-billion dollar fine as well.. Don’t miss the next big story – join our free daily newsletter.. Tags. Binance. Changpeng Zhao. DOJ. Newsletter. Blockworks Daily. Upcoming Events. Digital Asset Summit 2024. Hilton Metropole | 225 Edgware Rd, London. Mon – Wed, March 18 – 20, 2024. Crypto’s premier institutional conference returns to London in March 2024. The DAS: London Experience: Attend expert-led panel discussions and fireside chats Hear the latest developments regarding the crypto and digital asset regulatory environment directly from policymakers and experts.. buy ticketslearn more. Day 0x. HYATT REGENCY SALT LAKE CITY. TUES, OCT. 8, 2024. Guided by the expertise of Blockworks Research Analysts team, this one day event will feature senior leaders, entrepreneurs, and developers from across the crypto industry. Attendees will have the opportunity to participate in an immersive experience to explore the latest trends, . . learn more. Permissionless III. Salt Lake City, UT. WED – FRI, OCTOBER 9 – 11, 2024. Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains . . learn more. recent research. Research. The Avalanche Network is well on its way to becoming the best platform to build high-performance blockchains that can seamlessly interact with each other, and the strong focus on performant and scalable blockchains will likely be Avalanche’s competitive advantage.. by Dan Smith. more from news. Select a tab. The stock jumped 18% in the past week after bitcoin notched new all-time highs and US bitcoin ETFs continued to beat records. by Katherine Ross /. March 12, 2024. FHE differs from zero-knowledge technology, as it can perform computation on top of encrypted data without revealing data points. by Bessie Liu /. March 12, 2024. Roman Sterlingov was originally arrested in 2021. by Katherine Ross /. March 12, 2024. The success of bitcoin ETFs in the US has created pressure for the FCA to reconsider its stance, 21.co executive says. by Ben Strack /. March 12, 2024. Bitcoin, after posting another record-high of just under $73,000 Monday, lost 0.7% Tuesday. by Casey Wagner /. March 12, 2024. According to a filing Tuesday, GBTC will seed BTC. by Katherine Ross /. March 12, 2024