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News Explorer — Former Binance CEO Changpeng "CZ" Zhao Must Stay in the United States Instead of Returning to the UAE

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Nov 27, 9:24 pm
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Former Binance CEO Changpeng "CZ" Zhao Must Stay in the United States Instead of Returning to the UAE

Former Binance CEO Changpeng "CZ" Zhao has been ordered by a federal judge to remain in the United States, delaying his return to the United Arab Emirates. Zhao pleaded guilty to violating the Bank Secrecy Act and prosecutors argued that he poses a flight risk. Despite defense claims of accountability, the judge agreed with the Department of Justice's concerns and required Zhao to stay in the country.

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