The US government has applied to modify the bail conditions of former CEO of Binance, Zhao Changpeng, prior to his sentencing. In a document filed on Friday, the government wrote that the initial bail conditions were based on the expectation that Zhao would reside in the United Arab Emirates, so they did not address issues such as holding his passport and notifying the pretrial services department of his travel and residence plans. The US government wants Zhao and his defense team to report his travel plans to the government. Zhao's team refused this modification, believing that the former CEO's travel to the US is not an issue. However, the government is concerned about him traveling to the US-Canada border.

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