A federal judge has expressed concerns about former Binance CEO Changpeng Zhao potentially fleeing the country if he were to return to the United Arab Emirates (UAE). As a result, the judge has ruled that Zhao must stay in the United States until his sentencing. This decision was made to ensure that Zhao does not pose a flight risk and remains available for the legal process. The judge’s ruling highlights the seriousness of the case and the need to ensure that Zhao abides by the legal proceedings without the risk of evading justice.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinBinance founder CZ must stay in US until sentencing, judge orders