Changpeng Zhao faces up to ten years in prison after pleading guilty to money laundering Changpeng Zhao, the former CEO and of founder of Binance, has been ordered to stay in the US at least temporarily, a federal judge ruled on Monday. Zhao pleaded guilty last week to criminal charges tied to the cryptocurrency exchange and was released on a $175 million bond. Under the terms of the bail, he was free to return to the United Arab Emirates, where he resides with his family. The UAE does not have a formal extradition treaty with the US. The day after Zhao was released, however, prosecutors requested that he be barre
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