A travel ban was imposed on Changpeng Zhao, the former CEO of the cryptocurrency exchange Binance, before the hearing.
The court in Seattle ruled that Zhao “travel request” He refused. Another judge risk of flight before trial Because of this, he decided that Zhao should not leave the country.
Changpeng Zhao pleaded guilty to violating banking laws and stepped down as CEO of Binance. In the same case, Binance was sued by authorities in the US for violating sanctions laws. $4.3 billion reached a compromise.
The hearing of Zhao, who was released on bail, To be seen in February 2024 Waiting. Zhao’s lawyers said he came to the USA to plead guilty He argues that it is a sign of good will.
The former CEO of Binance lives in the United Arab Emirates with his children.