CZ’s travel to UAE was denied by a US judge despite a $4.5B Binance equity offer. Concerns over flight risk were cited due to Zhao’s substantial wealth and ties abroad. Sentencing for CZ, facing 10-18 months in prison, is set for February. Binance founder Changpeng ‘CZ’ Zhao faces a legal hurdle as a US federal […]
The post US Judge denies Changpeng Zhao travel to UAE despite $4.5B Binance equity offer appeared first on CoinJournal.
Originally appeared here:
US Judge denies Changpeng Zhao travel to UAE despite $4.5B Binance equity offer