Binance and its former CEO, Changpeng Zhao, have reached a settlement with the US Department of Justice (DOJ) and other federal agencies. The settlement requires Binance to provide years of transaction data to US regulators and law enforcement, leading to concerns about customer privacy. A federal judge has accepted Zhao's guilty plea to one count of violating the Bank Secrecy Act. As part of the plea agreement, Zhao must remain in the United States until sentencing, with travel to the United Arab Emirates prohibited. Judge Richard Jones noted Zhao's wealth and property abroad as reasons for the travel restriction.
Former #Binance Boss CZ Restricted to U.S. Soil https://t.co/t4PpfS9I8E
ICYMI: Zhao can’t return to UAE before sentencing: report https://t.co/jW01Ih5Kpa
#Binance Founder CZ Remanded to Remain in Continental US, Travel to UAE Prohibited https://t.co/t4PpfS9I8E
"The defendant has enormous wealth and property abroad," wrote Judge Richard Jones of Binance founder Changpeng "CZ" Zhao, "and no ties to the United States." https://t.co/Bj7YD80Tqp
Ex-Binance CEO ordered to stay in US for sentencing https://t.co/9crzYJYMHs
Some of Binance's biggest traders got a sneak peek of its record $4.3 billion settlement with US authorities https://t.co/Q1zrBnRSts
US Judge Bans Changpeng ‘CZ’ Zhao from Leaving the Country ► https://t.co/f7sSypOMKE https://t.co/f7sSypOMKE
Binance's former chief has to stay in US until February sentencing -filing https://t.co/7V6jMMWevY https://t.co/yEy0s1bvRM
Zhao can’t return to UAE before sentencing: report https://t.co/yIbP6yMKKS
JUST IN: Changpeng ‘CZ’ Zhao must remain in the United States until sentencing, rules judge.
The $4.3 billion settlement between @binance and @TheJusticeDept marks a significant positive turn for the crypto industry, as highlighted by @novogratz. Read more from this week’s Hodler’s Digest 👉 https://t.co/6fQYctHIxo https://t.co/06tMiKozrL
U.S. Federal Judge Confirms CZ's Plea Agreement in High-Profile #Binance Case https://t.co/NV3m13NgsV
Former Binance CEO CZ Officially Admits to His Crimes https://t.co/pQ2vH3EFpw
CRYPTO IN THE COURTS: CZ of Binance Has His Guilty Plea Accepted - But Release to UAE Until Sentencing Still Stayed - Inner City Press story: https://t.co/gvRYKQvQbI Order on Patreon here: https://t.co/83KzaW5lJW
🚨 Some Major news from yesterday🚨 - US Federal Judge Richard Jones has accepted CZ’s guilty plea to one count of violating the Bank Secrecy Act - "If I was the government, I'd close it down," words from JPMorgan Chase's CEO, Jamie Dimon, despite his bank's active involvement… https://t.co/YmPwYQFQ21
Judge Greenlights Plea Deal in High-Profile #Binance Case; CZ Faces Sentencing in 2024 https://t.co/NV3m13NgsV
A federal judge has accepted Changpeng Zhao’s guilty plea to one count of Bank Secrecy Act violations. https://t.co/95Ehhp22Iy
Binance’s settlement requires it to offer years of transaction data to US regulators and cops, exposing the company—and its customers—to a “24/7, 365-days-a-year financial colonoscopy.” https://t.co/AohwhOGymi
US judge signs off on Binance, former chief's plea deals with DOJ -court filings https://t.co/S2P6daCU8f https://t.co/TYkCml2VhT
BREAKING: U.S. JUDGE SIGNS OFF ON @binance, @cz_binance PLEA DEALS WITH DOJ - PER @Reuters https://t.co/0eGX6ukQp1
CZ and #Binance Settle With the DOJ and Other Federal Agencies https://t.co/uPob0aFKfE
Binance’s settlement requires it to offer years of transaction data to US regulators and cops, exposing the company—and its customers—to a “24/7, 365-days-a-year financial colonoscopy.” https://t.co/iOoTSGcZzu