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MacKenzie Sigalos in political news

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U.S.District - MacKenzie Sigalos - SEC scores big win in lawsuit against crypto exchange Coinbase - cnbc.com - city Manhattan

SEC scores big win in lawsuit against crypto exchange Coinbase

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MacKenzie Sigalos - Judge refused to let Binance founder Zhao travel to UAE despite his offer to use equity as security - cnbc.com - Uae - city Abu Dhabi - city Seattle

Judge refused to let Binance founder Zhao travel to UAE despite his offer to use equity as security

A federal judge last month rejected a request by Binance founder Changpeng "CZ" Zhao to travel to his home in the United Arab Emirates for the "hospitalization and surgery" of a person in his life even though he offered to post his Binance equity as security for his return to the U.S., a new court filing reveals. The equity was worth $4.5 billion, based on Binance's last round of fundraising two years ago, Zhao's lawyers noted in their Dec. 22 letter to Judge Richard Jones, according to a filing Wednesday. Zhao pleaded guilty in November in Seattle federal court to failing to maintain an effective anti-money laundering program at the company, the world's largest cryptocurrency exchange. Binance agreed to pay $4.3 billion in penalties in the case. Zhao, who stepped down as CEO because of his plea, is due to be sentenced on Fe

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