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In a dramatic turn of events, a U.S. judge decided that Binance former CEO Changpeng Zhao CZ must stay in US prior to his trial. Meanwhile prosecutors are intensifying their pursuit of a maximum 10-year prison sentence for him. The recent court filing on November 24 revealed the prosecution’s determination to argue for the statutory maximum, elevating CZ’s legal battle to unprecedented heights.
The court documents disclosed the gravity of the situation, asserting, “The reality is that the top-end of the Guidelines range may be as high as 18 months, and the United States is free to argue for any sentence up to the statutory maximum of ten years.”
Notably, according to…
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