Binance's Ex-CEO, Changpeng Zhao, Temporarily Restricted in US, Judge Rules

Former Binance CEO Changpeng Zhao has been ordered by a federal judge to remain in the United States until his sentencing hearing in February, after pleading guilty to violating U.S. anti-money laundering laws. Zhao, who is a citizen of Canada and the United Arab Emirates, stepped down as CEO of Binance last week. The judge will review whether Zhao should be allowed to return to the UAE before his sentencing hearing, as the U.S. government has appealed a previous decision allowing his return. Binance Holdings has agreed to pay over $4.3 billion and pleaded guilty to breaking U.S. anti-money laundering and sanctions laws.