John Reed Stark, former director of the U.S. SEC Internet Enforcement Office, posted on the Review this decision and order CZ to remain in the United States. According to the Ministry of Justice, the reasons for retaining CZ are:
1.CZ is very rich and a billionaire;
2. Most of CZ’s wealth may be beyond the control of U.S. authorities;
3.CZ lives in the United Arab Emirates, which does not have an extradition treaty with the United States;
4. Although CZ voluntarily appeared in court to plead guilty, as the possibility of jail time increases, CZ will likely choose not to come back to accept sentencing.
Under the terms of the current bond agreement, CZ can leave the United States because he has deposited $15 million in a trust account, signed a $175 million personal surety bond, and found a guarantor to provide additional funds.