![]() He added that Zhao "is not facing an insignificant sentence" since the government could be asking to imprison him for up to 18 months. "In addition, the defendant's family resides in the UAE and there is no indication he has any other ties to the United States," the judge noted. In most cases, those arguments would be sufficient, Jones wrote in Thursday's ruling.īut "a critical feature of the government's motion is the extent of the defendant's enormous wealth and absence of an extradition treaty with the UAE," he wrote. Commodity Futures Trading Commission as part of his agreement with the government. Options fees have two components: the Transaction Fee and the Exercise Fee. They also noted that Zhao will pay a $150 million penalty to the U.S. In this case, Exercise Fee Minimum 0.015 2,200, 10 (2,200 2,000) 3 0.99 USDT. Zhao's attorneys argued that he is not a flight risk, in part because he has no criminal history and because he and Binance have taken full responsibility for their actions. Jones last week had temporarily blocked Zhao from traveling home while he considered the government's request to keep him in the U.S. ![]() Those trading with BNB will see a further 10 reduction in fees and for those that trade above 15,000,000 per month or hold above 25 BNB tokens, they will see additional reductions. But the remainder of his bond is "beyond the government's reach," the prosecutors noted. For USD-M futures trading, Binance charges a maker fee of 0.02 for makers and 0.04 for takers. Zhao wired $15 million in security to his counsel, and his bond is secured by three unnamed guarantors vouching for just over $5 million in assets, court documents note. jurisdiction, should Zhao decide to stay in the UAE. They also argued that most of Zhao's $175 million bond is pegged to assets that are outside of U.S. Trader A became a maker of this trade, so the Trading fee 0.08 × 20,000 16 USDT, and A will receive 19,984 USDT after fee deducted. The BNB token offers a 25 discount on the trading fee, and anyone who holds BNB in their account is eligible for this discount. Since citizenship to the UAE must be offered by the government, the Chinese-born founder's status as a citizen "is itself an indication of his favored position," the U.S. ![]() "This case likely would not be the first," they wrote before noting that Zhao is a multibillionaire and that most of his wealth is believed to be held overseas. has no extradition treaty with the UAE and that the government could find no example of that country extraditing one of its citizens to the U.S. But prosecutors asked that that decision be reversed, arguing that there was "no combination of conditions" that could guarantee Zhao's return to the U.S. Zhao was released on a $175 million bond, and a federal magistrate judge had initially ruled that he could go to his overseas home pending his sentencing. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower The platform also has a dedicated Fees page on its website that covers extensively all the required fees you are to pay while using the Binance Futures trading platform. Best Debt Consolidation Loans for Bad Credit
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