Former Binance CEO Changpeng Zhao has been denied permission to travel abroad by a U.S. judge as he awaits sentencing for violating banking laws. Zhao had offered to post a bond of $175 million to guarantee his appearance at his sentencing in February. This is the second time he has been blocked from traveling. The U.S. District Court for the Western District of Washington in Seattle denied Zhao's request for permission to travel. Despite this, Binance reported a 30% increase in registered users in 2023, reaching a total of 170M+ users.
Binance's CZ Denied Permission to Travel by U.S. Judge for the Second Time --but Binance's user base grew 30% in 2023, CEO Richard Teng said Thursday, signaling strength as the world's largest crypto trading venue tries to look past November's settlement with U.S. regulators. https://t.co/ua22YevFQk
Some highlights from #Binance in 2023: - Registered users increased 30%. We welcomed 40M users, reaching a total of 170M+. - We held keep crypto safe. The Binance Investigations team processed over 53,000 law enforcement requests in 2023 (+3,000 YoY). The team also conducted…
Former Binance chief executive Changpeng Zhao has been blocked again from traveling as he awaits sentencing in the U.S. for violating banking laws. Zhao had offered to post a bond of $175 million to guarantee he’d show up at his sentencing in February. https://t.co/d9J2j5xjsF
ICYMI: Former Binance CEO Changpeng Zhao is blocked again from traveling https://t.co/hLX4OOq2Lf
Former Binance CEO Changpeng Zhao was blocked again from traveling as his sentencing for criminal charges approaches in late February. The U.S. District Court for the Western District of Washington in Seattle denied Zhao's "request for permission to travel." Prosecutors had…
*FORMER BINANCE CEO CHANGPENG ZHAO IS BLOCKED AGAIN FROM TRAVELING - THE BLOCK
Former Binance CEO Changpeng Zhao is blocked again from traveling https://t.co/QM0NoxQHf1
Former Binance CEO @cz_binance has again been denied permission to travel abroad by U.S. judge. reports @LizKNapolitano https://t.co/Skahz1xzVa
BREAKING: Former Binance chief Changpeng Zhao again blocked from traveling as he awaits sentencing in the United States
Former Binance chief executive Changpeng Zhao has been blocked again from traveling as he awaits sentencing in the US for violating banking laws. https://t.co/wn1x2iZAmS