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.

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.

  • HuddaBudda@kbin.social
    132·
    11 months ago

    I am actually surprised China is letting this happen. They must be pissed with this dude.

    He really did burn all his friends with one ego tweet to Sam Bankman.

    • stifle867@programming.dev
      14·
      11 months ago

      China has no say in letting it happen. The company is not based in China. He is a Canadian citizen and resides in the UAE. He was born in China but it’s a little late for them to get involved in that.

      • HuddaBudda@kbin.social
        8·
        11 months ago

        Of course.

        Basically, Sam Bankman fried and this CEO of binance got into an public ego match on twitter.

        As Sam was the owner of FTX, and Binance was the Chinese version of that.

        he tweeted:

        It seems $15m not only changed @kevinolearytv’s mind about crypto, it also made him align with a fraudster. Is he seriously defending SBF?

        https://youtu.be/pIXq1pfvG0g (baseless attacks start around 4:20).

        Which one domino crashed into another. FTX was found to be playing with clients funds and insolvent, and binance was turned inside out in the same process. Sam ended up with a 105 year sentence, and the Binance CEO is here.