🤓Changpeng Zhao wanted to bail out his stake in Binance to be able to return home to the UAE

Last month, a court denied Binance founder Changpeng Zhao's request to travel to the UAE.
In return, Zhao had offered to place his $4.5 billion in Binance shares as collateral for his return to the US.
The valuation of his shares was based on Binance's last funding round two years ago.