The U.S. Department of Justice applies to prohibit Zhao Changpeng from leaving the United States before the verdict

ChainCatcher news, former U.S. SEC Internet Enforcement Office Director John Reed Stark posted on the X platform, stating that on Tuesday, when Zhao Changpeng pleaded guilty, U.S. District Judge Brian A. Tsuchida imposed conditions on Zhao Changpeng's $175 million bail, allowing him to return to the UAE before sentencing. However, the U.S. Department of Justice requested Judge Richard A. Jones to overturn the initial judge's ruling and issue a new order requiring Zhao Changpeng to remain in the United States before sentencing.

According to the current bail agreement terms, Zhao Changpeng can leave the United States because he has deposited $15 million in a trust account, signed a $175 million personal surety bail agreement, and found a guarantor to deposit additional funds. According to the U.S. Department of Justice, Zhao Changpeng poses a serious flight risk because

(1) Zhao Changpeng is very wealthy, a billionaire;

(2) Most of Zhao Changpeng's wealth may be beyond the reach of U.S. authorities;

(3) Zhao Changpeng resides in the United Arab Emirates and enjoys favorable status in that country, which has no extradition treaty with the U.S.;

(4) Although CZ voluntarily appeared to plead guilty, as the days leading to potential imprisonment draw closer, he is very likely to choose not to appear for sentencing.

Therefore, the U.S. Department of Justice believes that Zhao should be required to remain in the United States before sentencing.