Is Binance's Changpeng 'CZ' Zhao a Flight Risk?
The U.S. Department of Justice has claimed that Changpeng 'CZ' Zhao is a "flight risk" but shouldn't be locked up until the final verdict of the case.
However, CZ's counsel believes that he's not a flight risk due to his voluntary appearance in the U.S., despite holding non-U.S. passports.
U.S. Attorneys also assert that the severity of potential sentencing supports his motive to flee to the UAE, where extradition isn't guaranteed.
Following the charges of breaking anti-money laundering laws, Zhao pleaded guilty and stepped down as Binance's CEO