Ex-Binance CEO Changpeng Zhao: A flight Risk, DOJ asserts
The U.S. Department of Justice (DOJ) has labeled Changpeng Zhao, the former CEO of Binance, as a “manageable flight risk.” This designation comes as Zhao, who recently pleaded guilty to breaking anti-money laundering laws in the U.S., faces impending sentencing. The DOJ’s position is nuanced: while they have stopped short of seeking his detention until…