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US seeks to prevent Binance founder Changpeng Zhao’s UAE return
US prosecutors are requesting a court to revoke permission for Changpeng Zhao, founder of Binance Holdings, to return home to the United Arab Emirates following his guilty plea in a felony case.
Despite objections from the US government, a judge initially granted Zhao’s request after he agreed to pay a US$175 million bond and come back to the US before his sentencing in February.
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