Summary
TLDR: The US government wants former Binance CEO Zhao to inform them of his travel plans and surrender his Canadian passport ahead of his sentencing. Zhao’s team objected to the modification, but the government argues it is necessary for security reasons. Zhao’s sentencing is set for April 30, and he is not allowed to travel back to the UAE where his family lives.
Key Points
1. The US government filed to modify former Binance CEO Changpeng Zhao’s bond ahead of his sentencing.
2. The government wants Zhao and his defense team to inform them of his travel plans, especially concerning travel to the US-Canada border.
3. As part of the modification order, Zhao would be required to surrender his Canadian passport to a third-party custodian and get approval from “Pretrial Services” before changing his residence.