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Home » UPDATE 1-Binance’s former chief has to stay in US until February sentencing -filing

UPDATE 1-Binance’s former chief has to stay in US until February sentencing -filing

    Former Binance chief Changpeng Zhao has to remain in the continental United States ahead of his sentencing for violating U.S. anti-money laundering laws, U.S. District Judge Richard Jones said on Thursday. Last month, Binance Holdings agreed to pay over $4.3 billion and pleaded guilty to breaking U.S. anti-money laundering and sanctions laws. Zhao also pleaded guilty and faces a maximum prison sentence of 18 months under federal guidelines and has agreed not to appeal any sentence up to that length.

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