Changpeng ‘CZ’ Zhao, the founder and former CEO of Binance, is contesting the U.S. Department of Justice (DOJ) motion to restrict his travel before sentencing, asserting he doesn’t pose a flight risk.
On Nov. 23, CryptoSlate reported that the DOJ moved to prevent CZ from leaving the U.S., arguing that the Binance founder posed a flight risk because of his substantial wealth and family connections in the UAE.
‘No flight risk’
However, CZ’s legal team rebuts this claim, highlighting U.S. Magistrate Judge Brian A. Tsuchida’s prior decision to grant bail and voluntarily permit CZ to return to the UAE.
“As Judge Tsuchida concluded, based on a complete record, [that] Mr. Zhao presents no risk of flight, having voluntarily come before the Court to accept responsibility and plead guilty, and the government’s motion should be denied.”
They emphasize CZ’s commitment to accepting responsibility for his actions and his lack of criminal history. Additionally, they assert that
We współpracy z: https://cryptoslate.com/binances-cz-seeks-to-avoid-jail-time-refutes-dojs-flight-risk-claim/
