Changpeng 'CZ' Zhao, the founder of Binance, must stay in the US pending his sentencing on February 23, 2024.
According to Judge Richard Jones. Despite substantial assurances held outside the US, the judge is doubtful CZ won't flee to the UAE. CZ pleaded guilty to violating US Anti-Money Laundering (AML) laws and paid a significant fine. While in the US, CZ remains free with release conditions, while US prosecutors perceive a high flight risk. Recent developments indicate the judge's consideration to let CZ stay in the US until the February 2024 sentencing.
#CryptoLegal #Binance #news $BNB
