Nov 24 (Reuters) - Lawyers for former Binance CEO Changpeng Zhao are urging a U.S. judge to reject the Justice Department’s request to bar him from returning to his home in the United Arab Emirates until he is sentenced for violating anti-money laundering requirements.

  • stifle867@programming.dev
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    1 year ago

    It’s the fact that there is no extradition treaty in place that would give a legal basis to get him back making it not so easy. Also, the justice department only agreed on letting him out on bail only because they could thought they could manage the flight risk by imposing travel restrictions. It says all this in the article.

    This part is my opinion but seeing as he helped launder money for terrorist groups, many of which are based in that region of the world, combined with the other resources at his disposal, there is a definite risk that he has a “change of heart” and attempts to evade his sentence.

    Knowingly and willfully laundering hundreds of millions of dollars for Iran, Syria, North Korea, Russia, and people engaging in the exploitation of children is definitely villainous. More so than Trump.