Changpeng ‘CZ’ Zhao, the founder and former CEO of Binance, has been ordered by U.S. District Judge Richard Jones to remain in the United States pending further court review. The decision comes after prosecutors voiced concerns that Zhao, who recently pleaded guilty to charges related to violations of the Bank Secrecy Act, poses a flight risk due to his substantial wealth and the fact that the UAE, where he resides, does not have an extradition treaty with the U.S. Zhao’s guilty plea also included an agreement to pay a $50 million fine. In a related case, Binance, the crypto exchange Zhao founded, agreed to pay a ... (full story)