Ex-Binance CEO ordered to stay in US for sentencing

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Ex-Binance CEO ordered to stay in US for sentencing

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Former Binance CEO Changpeng Zhao has been ordered to remain in the US until his sentencing in February, reversing a previous ruling that allowed him to return to the United Arab Emirates, where he is a citizen.

Zhao, who pleaded guilty to violating anti-money laundering laws, risks a maximum prison sentence of 18 months.

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