Binance CEO Changpeng “CZ” Zhao has once again been denied permission to travel by a U.S. judge, as he awaits sentencing for criminal charges. Judge Richard Jones of the U.S. District Court for the Western District of Washington ruled that Zhao is a flight risk, leading to the decision to block his return to the UAE, where his children and their mother reside. The sealed ruling did not disclose the details of Zhao’s argument against the court’s decision. Last month, Zhao pleaded guilty to violating the Bank Secrecy Act and was released on a $175 million personal recognizance bond.
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Binance’s CZ Denied Permission to Travel by U.S. Judge for the Second Time
