Changpeng Zhao, former Binance CEO, denied travel to UAE amidst ongoing legal battles
Federal authorities have prohibited Changpeng Zhao, the former CEO of Binance, from traveling to his home in the United Arab Emirates (UAE) despite offering his $4.5 billion worth of Binance equity as collateral. The travel request was made in light of a medical emergency involving a close associate, the details of which remain undisclosed. Zhao’s…