Changpeng Zhao may not leave the US pending court review, says judge By Cointelegraph
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Changpeng “CZ” Zhao, who pleaded guilty to one felony charge as part of a settlement with the United States Department of Justice involving crypto exchange Binance, may not be permitted to leave the country as he awaits sentencing.
According to a Nov. 27 filing in the U.S. District Court for the Western District of Washington at Seattle, Judge Richard Jones stayed a decision by a magistrate judge that would have allowed CZ to return to the United Arab Emirates (UAE), where he has family members. The judge ordered that CZ would not be permitted to travel to the UAE until a court ruled on a motion for review from the U.S. government.
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Changpeng “CZ” Zhao, who pleaded guilty to one felony charge as part of a settlement with the United States Department of Justice involving crypto exchange Binance, may not be permitted to leave the country as he awaits sentencing.
According to a Nov. 27 filing in the U.S. District Court for the Western District of Washington at Seattle, Judge Richard Jones stayed a decision by a magistrate judge that would have allowed CZ to return to the United Arab Emirates (UAE), where he has family members. The judge ordered that CZ would not be permitted to travel to the UAE until a court ruled on a motion for review from the U.S. government.
Continue Reading on Cointelegraph
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