Zhao Changpeng's sentencing hearing is scheduled for February next year

2023-11-22 08:59:46

Collection

ChainCatcher news, according to CoinDesk, Binance founder and former CEO Changpeng Zhao has been released after posting a $175 million personal bond, with a sentencing hearing scheduled for 9:00 AM Pacific Time on February 23, 2024 (1:00 AM Beijing Time on February 24).

The terms of Zhao's release prohibit him from violating the law, contacting witnesses or victims, or using any non-prescription controlled substances, which are standard conditions of bail. Zhao is allowed to leave the United States and stated that he must return 14 days before sentencing.

Source

Risk warning

Related tags

Zhao Changpeng hearing

Column Binance's $4.3 billion settlement case continues to be tracked.

The boots have finally dropped! Binance will pay up to $4.3 billion in fines to the U.S. Treasury, and Changpeng Zhao has announced his resignation as CEO of Binance... What will be the subsequent impact of this hefty settlement on Binance and the cryptocurrency industry? Will it open a new chapter for compliance regulation in the industry?