Prosecutors want stricter bail conditions for Binance’s founder as he awaits sentencing on money-laundering charges. Changpeng Zhao pleaded guilty in November of last year to failing to adhere to proper anti-money laundering practices at his cryptocurrency exchanges, and also agreed to step down as head of the company. Now, federal prosecutors want a judge to require Zhao to give the U.S. Attorney’s office and pretrial service at least three days’ notice before any travel within the country, CNBC reported Friday (Feb. 23), citing court documents. The new bail conditions would also require Zhao to give up his Canadian passport and would prevent him from applying for a new one without court permission. In addition, the billionaire would be forbidden from changing his residence without approval.