TL;DR
CZ, Ex-CEO of Binance, flew into the US a number of weeks in the past and plead responsible for failing to forestall cash laundering on his firm’s platform.
There’s a ready interval earlier than he’s tried in February, so CZ requested to go dwelling to the UAE to attend for his trial, however prosecutors are nervous he will not come again.
The US doesn’t have an extradition treaty with the UAE, and all of CZ’s bond settlement funds are in an abroad belief.
The case might be thought-about and determined upon by a decide quickly.
Full Story
CZ is asking for the equal a WC break in the course of a recreation of tag with US prosecutors.
What are we speaking about?
When taking part in tag as wee little kids we used a “base” – you can contact base and also you had been secure from the taggers.
Nicely…rising up, Seb had this one good friend who would all the time go to the bottom, after which ask for a loo break.
She’d go inside and by no means come again to proceed taking part in.
It was so annoying.
Nicely…CZ is asking for that loo break.
How so?
CZ, Ex-CEO of Binance, flew into the US a number of weeks in the past and plead responsible for failing to forestall cash laundering on his firm’s platform.
Now, there’s a ready interval earlier than he’s tried in February.
So CZ requested to go dwelling to the UAE to attend for his trial, however prosecutors are nervous he will not come again.
The decide initially mentioned sure, and now the DOJ is saying:
“Uh, I do not assume so.”
Zhao’s staff is saying he isn’t a flight threat, nor a risk to the neighborhood.
BUT! The US doesn’t have an extradition treaty with the UAE, and all of CZ’s bond settlement funds are in an abroad belief.
We aren’t saying that he’ll be like Seb’s good friend and never return…
However such a potentiality must be thought-about by the decide.
