Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Top 10 NFT Performers by Trading Volume, Courtyard Outshines

22/06/2026

Japan Banks, Hong Kong Rules, and South Korea’s Tokenized Asset Tax

22/06/2026

A $575 bet on a Shiba-themed token became $1.17 million in 5 days

22/06/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    A sports betting ETF bitcoin traders may want to watch

    22/06/2026

    Bitcoin Bull Arthur Hayes Reveals His Price Prediction for BTC and Names Three Altcoins!

    22/06/2026

    Bitcoin aSOPR Stays Above 1 as Profit Taking Returns

    21/06/2026

    Bitcoin Retail Demand Turns Positive After Six-Week Recovery

    21/06/2026

    Ethereum posts strong H1 2026 activity metrics to date, defying slower trading

    22/06/2026

    Ethereum stuck within a 10-month bearish trend, buyer conviction is still lacking

    22/06/2026

    Ethereum whale activity crashes 86% – Can ETH reclaim $1,800?

    21/06/2026

    Ethereum EIP-8304 Proposal Targets Trustless Log And Transaction Indexing

    21/06/2026

    A $575 bet on a Shiba-themed token became $1.17 million in 5 days

    22/06/2026

    A Whale Waited Patiently, Found the Peak! Turned $575 into $1.7 Million! Here’s the Altcoin It Bought!

    22/06/2026

    Bitwise CIO makes the case for new AVAX ETF launch

    22/06/2026

    Eric Trump mocks Justin Sun’s lawsuit, and his $6M banana stunt

    21/06/2026

    Top 10 NFT Performers by Trading Volume, Courtyard Outshines

    22/06/2026

    Pudgy Penguins expands retail footprint with Target trading card rollout

    20/06/2026

    Collectible NFTs in focus during nations 250th anniversary

    12/06/2026

    NFTfi Shuts Down After $737M in Loans as NFT Market Contraction Makes Operations Unsustainable

    11/06/2026

    Top 10 NFT Performers by Trading Volume, Courtyard Outshines

    22/06/2026

    Japan Banks, Hong Kong Rules, and South Korea’s Tokenized Asset Tax

    22/06/2026

    A $575 bet on a Shiba-themed token became $1.17 million in 5 days

    22/06/2026

    South Korea’s Finance Ministry Classifies Tokenized Stocks as Securities, Taxation Could Begin in H2

    22/06/2026
  • Blockchain

    Kawasaki Heavy Industries partners with Nvidia to open US robotics center in San Jose

    22/06/2026

    Moody’s rolls out credit ratings on Solana in tokenized asset push

    21/06/2026

    Thiel-backed Plasma debuts stablecoin neobank with Visa card and XPL rewards

    21/06/2026

    FIFA wanted Avalanche’s blockchain to help curb World Cup ticket scalping. Here’s how it’s going

    21/06/2026

    Private-market documents get on-chain verification as Inveniam and Docugami target AI’s data trust gap

    21/06/2026
  • DeFi

    Aave V4 targets Wall Street’s $12 trillion repo market

    21/06/2026

    Liquify DAO Joins AstroX to Explore New Opportunities

    21/06/2026

    DeFi’s next institutional wave may come from users who never see “behind the scenes” – CEO of Katana

    20/06/2026

    Ledn adds Tether Gold as loan collateral, expanding Bitcoin-backed lending model

    20/06/2026

    Curve Launches LlamaLend V2 — Is This a Game Changer for Lending?

    20/06/2026
  • Metaverse

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026

    Planet Hares Partners With Magne.AI To Bridge Web3 Metaverse With Smartphone Mobile-Ready Applications For Mass Adoption

    08/04/2026
  • Regulation

    Japan Banks, Hong Kong Rules, and South Korea’s Tokenized Asset Tax

    22/06/2026

    Middle East ceasfire, Fed interest-rate decision: Crypto Week Ahead

    22/06/2026

    Markets cheer U.S.-Iran Breakthrough though Middle East risks, Fed remain in focus

    22/06/2026

    AI Stock Valuations Are a Bubble, Says India’s Chief Economic Advisor

    21/06/2026

    Andreessen Horowitz opens Seoul office as crypto VCs flock to South Korea

    21/06/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Binance APAC chief says regulation, liquidity and real-world utility will shape crypto’s next chapter

    22/06/2026

    Humanity Protocol H airdrop moves to major exchanges

    22/06/2026

    CoinMENA, Standard Chartered partner on UAE payment rails

    22/06/2026

    Ready USDC card halts non-EEA service after issuer change, users report

    21/06/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Nexus Acquires Homegrown App Marketplace One Store, Expanding into Global Web3 Game Hub

    21/06/2026

    GMATRIXS and Plum Protocol Partner to Blend GameFi with Meme Assets, Driving Multi-Chain Web3 User Experience

    16/06/2026

    Crypto game studio Uncharted to shutdown along with Fishing Frenzy

    15/06/2026

    Pudgy Penguins Halts Web3 Mobile Game Pudgy Party to Focus on Pudgy World

    14/06/2026

    Ford capitalizes on AI boom with new energy storage division

    21/06/2026

    Bitdeer Sells All 218 BTC Mined This Week, Returns to Zero Bitcoin Balance

    20/06/2026

    rare event or miner strategy?

    20/06/2026

    Texas Power Grid Reform Could Boost Bitcoin Miners Turned Data Center Operators

    19/06/2026

    South Korea’s Finance Ministry Classifies Tokenized Stocks as Securities, Taxation Could Begin in H2

    22/06/2026

    Zimbabwe Ends Crypto Legal Gray Zone with First Mandatory Registration Rules

    22/06/2026

    The CLARITY Act has a two-month window. Here is the map

    22/06/2026

    CLARITY Act Brings Certainty, Protection, and Integrity to Crypto Markets

    21/06/2026

    Top 10 NFT Performers by Trading Volume, Courtyard Outshines

    22/06/2026

    Japan Banks, Hong Kong Rules, and South Korea’s Tokenized Asset Tax

    22/06/2026

    A $575 bet on a Shiba-themed token became $1.17 million in 5 days

    22/06/2026

    South Korea’s Finance Ministry Classifies Tokenized Stocks as Securities, Taxation Could Begin in H2

    22/06/2026
  • MarketCap
NBTC News
Home»Legal»No, Changpeng Zhao isn’t in prison yet — here’s why
Legal

No, Changpeng Zhao isn’t in prison yet — here’s why

NBTCBy NBTC19/05/2024No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Due to some formalities in the criminal justice system, a world-class team of lawyers, and Fifth Amendment protections of due process, former Binance CEO Changpeng Zhao isn’t yet in prison despite receiving a four-month sentence.

On April 30, 2024, a US district judge in Seattle sentenced Zhao to four months at Seatac, an administrative security federal detention center and prison. According to the judge’s signed judgment, Zhao “shall surrender for service of sentence as notified by the Probation or Pretrial Services Office.” Those offices have not yet notified Zhao that he must enter that California prison.

Possibilities for sentenced criminals who don’t immediately go to prison

According to federal statute 18 U.S.C. § 3585(a), a criminal’s sentence begins when that person is ‘received in custody awaiting transportation to, or voluntarily surrenders to, the official detention facility at which her sentence is to be served.’ Although that sentence can begin immediately on the day of sentencing, there are three possibilities for delay.

  1. A judge might force a defendant to first surrender to the US Marshalls, who may then escort or later notify the criminal of when to physically go to prison.
  2. A judge might authorize the Probation or Pretrial Services Office to notify the defendant of their prison entry date.
  3. The judge might allow a defendant to voluntarily go to prison. Judges usually reserve this option for defendants with the shortest sentence or the lowest likelihood of fleeing.

Zhao received the second judgment type. Because he wasn’t sentenced to a multi-year prison sentence, US Marshalls didn’t immediately take him into custody. Instead, the judge gave Zhao the second-most lenient path. He awaits notice by the Probation or Pretrial Services Office.

So, why has the office not yet notified Zhao to go to Seatac?

By law, the Bureau of Prisons is required to contemplate the following items prior to designating a criminal to prison. If the Bureau of Prisons doesn’t complete this analysis, a criminal’s lawyers can appeal to the court for a reduced sentence on due process grounds.

  • The resources of the facility contemplated
  • The nature and circumstances of the offense
  • The offender’s history and characteristics
  • Any statement by the court that imposed the sentence recommending a type of facility as appropriate
  • Any pertinent policy statement issued by the US Sentencing Commission

In short, the ultimate reason Zhao isn’t in prison yet is because the US Constitution guarantees due process. The Fifth Amendment provides this protection to all persons within the US, including non-citizen occupants. This simple guarantee and its extensive, multi-century interpretive guidance by the US court system, provides redress for anyone ‘deprived of life, liberty, or property, without due process of law.’

Read more: 3AC founder Su Zhu says prison ‘good for you’ after four-month stay

Not obvious enough to complete statutory work before sentencing

Some criminals go immediately to prison on the day of their sentencing. These are typically straightforward proceedings when it is obvious that the criminal will serve a sentence. When it’s nearly guaranteed beforehand, the Bureau of Prisons is able to complete its statutory obligations before the sentencing hearing and know, in advance, whether a particular cell within a particular prison is appropriate for immediate occupancy by that defendant.

Before Zhao’s hearing, however, no one actually knew for certain whether the US District Judge would sentence him to prison. There were last-minute pleadings, hundreds of letters, and even secondary markets for gambling on the length of his sentence.

Because of this uncertainty, there was no reason for the Bureau of Prisons to complete its exhaustive, statutory obligations of double-checking the appropriateness of a particular cell at Seatac for CZ.

Read more: Binance founder Changpeng Zhao sentenced to 4 months in prison

Zhao having seven criminal defense lawyers couldn’t hurt

Moreover, Zhao employed a remarkable ensemble of lawyers who rank among the best money could buy. His counsel consists of not one, not three, not five, but seven lawyers plus untold paralegal and on-call staff across three world-class law firms: Latham & Watkins, Quinn Emanuel Urquhart & Sullivan, and Davis Wright Tremaine.

Without a doubt, high-powered lawyers were able to find every avenue possible to delay his prison term commencement so that Zhao would have time to fully prepare.

To be clear, Zhao will go to prison when the Probation or Pretrial Services Office of the US Bureau of Prisons notifies him. It’s been been conducting statutory reviews of the appropriateness of Seatac to Zhao’s individual circumstances to avoid any legal redress for failure to provide Constitutional due process.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

South Korea’s Finance Ministry Classifies Tokenized Stocks as Securities, Taxation Could Begin in H2

22/06/2026

Zimbabwe Ends Crypto Legal Gray Zone with First Mandatory Registration Rules

22/06/2026

The CLARITY Act has a two-month window. Here is the map

22/06/2026

CLARITY Act Brings Certainty, Protection, and Integrity to Crypto Markets

21/06/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Top 10 NFT Performers by Trading Volume, Courtyard Outshines

22/06/2026

Japan Banks, Hong Kong Rules, and South Korea’s Tokenized Asset Tax

22/06/2026

A $575 bet on a Shiba-themed token became $1.17 million in 5 days

22/06/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.