Former Binance CEO Faces Sentencing Hurdle in U.S.
Former Binance CEO, Chanpeng Zhao, is prohibited from returning to the UAE until his February sentencing in the U.S. due to concerns about flight risks. The judge's ruling stems from Zhao's guilty plea to Bank Secrecy Act violations, accompanied by a $50 million fine. The sentencing could result in a potential 10-year prison term.
Xu Lin