Binance Founder CZ is a Manageable flight risk says US court
The U.S. Department of Justice doesn’t want Changpeng “CZ” Zhao locked up until sentencing. But it doesn’t want him to leave the United States either.
In a new filing, the department argues that CZ is a “flight risk that could be managed.”Late last week, CZ’s counsel argued that the very fact he — a non-U.S. citizen holding UAE and Canadian passports — voluntarily entered the U.S.
to appear before a court represents that he’s not a flight risk. But U.S. Attorneys pushed back on that, arguing that the potential severity of the sentence would give Zhao incentive to flee back to the UAE, which has no extradition treaty with the U.S.