It was decided that Changpeng Zhao (CZ), the former CEO of Binance, the world’s largest cryptocurrency exchange, will not return to his country until the next hearing date.
Former CEO of Binance CZ is a current citizen and resident To the United Arab Emirates (UAE) His request to return was rejected by the US court. CZ next hearing date until February 2024 He will stay in the USA.
last week US Department of Justice (DOJ) He resigned from his position at Binance within the scope of the settlement reached with resignation who and $50 million Changpeng Zhao, who accepted the fine Bank Secrecy Law was accused of violating it. Taking action after the reconciliation, US prosecutors cited CZ’s wealth and accused him of running away. there is a risk defended and between the USA and the UAE extradition treaty He appealed to the court, stating that CZ should not leave the country because there was no such thing.
Opposing this request from prosecutors, CZ said: He has no intention of running away. He stated that he asked the court for permission to return to the UAE.
But U.S. District Court Judge Richard Jones in Seattle 28 November In his statement on the day, CZ’s next hearing date was announced. Not to leave the US until February 2024 decided.
It remains unclear whether Changpeng Zhao will receive a prison sentence other than a fine. Rumor has it that CZ Imprisonment from 18 months to 10 years It may be hit.