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.

Who is Changpeng Zhao?

Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, enters the Federal Courthouse in Seattle Tuesday, April 30, 2024. Prosecutors are asking a judge on Tuesday to give Zhao a three-year prison term for allowing rampant money laundering on the platform.

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.