Changpeng Zhao required to surrender passport as sentencing nears
U.S. District Judge Richard A. Jones has updated the bond conditions for Changpeng Zhao, the founder of cryptocurrency exchange Binance, also known by his initials CZ. Following his November guilty plea for violating U.S. anti-money laundering laws, Zhao now faces up to 18 months in prison, with sentencing set for April. Judge Jones’ recent order…