Former Binance CEO Changpeng Zhao will remain in the US until his sentencing date, a judge ruled Thursday.
Judge Richard Jones sided with the government’s motion to prevent Zhao from returning to the United Arab Emirates — where he resides with his partner and children. Originally, Magistrate Judge Brian Tsuchida leaned towards letting Zhao return to the UAE until his sentencing hearing.
However, Judge Jones put a temporary hold on the decision until the government could file its motion. The government, in its filing, argued that while they don’t believe that Zhao needs to be detained while he awaits sentencing, the US does not have an extradition treaty with the UAE.
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