Binance CEO Granted Residency in UAE Amidst Legal Proceedings

Binance founder Changpeng Zhao will be permitted to remain in the United Arab Emirates while awaiting sentencing scheduled for next year. The concession came after Zhao pleaded guilty to violating U.S. anti-money laundering laws, resulting in a $4.3 billion settlement and his resignation. The details of the court proceedings were revealed in a tweet by...

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