TLDR Crypto · MARKETS & BUSINESS

BINANCE’S ZHAO ORDERED TO STAY IN US FOR NOW

blockworks.co2 min read

Summary from the TLDR Crypto newsletter

Binance founder Changpeng Zhao, who recently pleaded guilty to violating US anti-money laundering laws, has been asked by a US judge to remain in the country pending sentencing. A different judge had deemed Zhao a low flight risk and proposed he return to the UAE to be with family. The proposal is now on hold.