Can Binance founder Changpeng Zhao return to the United Arab Emirates?

Attorneys for former Binance CEO Changpeng Zhao are asking a federal judge to permit the founder of the cryptocurrency trading platform to return to his home in the United Arab Emirates before he is sentenced in the U.S. after pleading guilty to money laundering earlier this week.

Will former Binance chief Changpeng Zhao stay in the United States?

REUTERS/Benoit Tessier/File Photo Purchase Licensing Rights Nov 27 (Reuters) - Former Binance chief Changpeng Zhao must stay in the United States for the time being, a federal judge said on Monday, after the founder of the world's largest cryptocurrency exchange pleaded guilty to violating U.S. anti-money laundering laws.

What happens if Zhao resigns from Binance?

Zhao, who stepped down from Binance as part of a $4.3 billion settlement with the Department of Justice, faces up to 10 years in prison. A separate ruling from a magistrate gave Zhao the OK to travel home, but DOJ prosecutors are now urging U.S. District Judge Richard Jones to bar Zhao from leaving.