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CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ

Published 11/22/2023, 11:58 PM
Updated 11/23/2023, 01:40 AM

United States government prosecutors are trying to stop former Binance boss Changpeng “CZ” Zhao from leaving the country, expressing concern about his potential flight risk.

In a Nov. 22 filing to a Seattle federal court, U.S. prosecutors requested a review and overturn of a judge’s decision that would allow Zhao to return to his home in the United Arab Emirates (UAE) on a $175-million bond under the condition he returns to the U.S. two weeks before his February 2024 sentencing.

Excerpt of the motion to review Zhao’s bond conditions. Source: PACER

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