Search

Zhao Changpeng's trial has been postponed to the end of April.

TraderKnows
TraderKnows
04-10

In November last year, after Binance and Changpeng Zhao admitted guilt and accepted punishment, the trial concerning Changpeng Zhao personally has not been carried out, and recently it has been further postponed to the end of April.

After pleading guilty in November last year, Zhao Changpeng's bail was set at a whopping 175 million US dollars. To return to the United Arab Emirates, where he has always lived, he had to pay a bail of 15 million US dollars, including, to leave the United States. In December 2023, after a federal court in the United States reviewed the bail order, his bail eligibility was canceled. He was prohibited from leaving the country and had to stay in the United States until the trial was completed on February 23, 2024.

However, plans do not always go as expected. On February 12, 2024, the US court announced that the trial of Zhao Changpeng would be postponed to April 30, meaning he would have to stay in the United States for an even longer period.

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End

Wiki

Force Majeure

During the performance of the contract, unforeseen, unavoidable, and uncontrollable external events or forces may interfere, making the fulfillment of the contract impossible or extremely difficult.

You Missed

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.

Contact Us

Social Media

Region

Region

Contact