CZ Transferred to Field Office Custody Ahead of September Release

CZ is still due to be released from detention in 38 days, but according to records, CZ has been moved by authorities to an administrative facility in the Greater Los Angeles area.
CZ is still due to be released from detention in 38 days, but according to records, CZ has been moved by authorities to an administrative facility in the Greater Los Angeles area.
CZ has been subject to new travel restrictions, which the US Attorney's Office has asked a federal judge to grant.
In an attempt to gain permission to temporarily return to the UAE, former Binance CEO CZ attempted to pledge his multibillion-dollar interest in Binance US.
Following an argument over whether or not particular tokens qualified as securities, attorneys for Binance requested that the court dismiss the case.
In a federal court filing, the US SEC requests that a judge provide a summary judgment ruling in its lawsuit against the crypto exchange Binance.
An injunction from a federal judge will still prevent former Binance CEO Changpeng Zhao “CZ” from leaving the country prior to his sentencing hearing.
The CFTC will receive payments of $150 million from CZ Zhao and $2.7 billion from Binance as a result of an order imposed by a US court against the crypto exchange.
The US SEC has decided to incorporate Binance Holdings' admission of guilt to the DOJ in its own legal procedures.
Binance CZ has been ordered to remain in the country until his sentencing in February.
The former chief executive officer of Binance, CZ, has also announced his resignation as head of the board of directors of Binance US.