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Binance news
A U.S. court has issued a ruling against Binance, the cryptocurrency exchange, and its former CEO Changpeng "CZ" Zhao, resulting in Binance paying $2.7 billion and CZ paying $150 million to the Commodity Futures Trading Commission (CFTC).
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Binance founder Changpeng “CZ" Zhao must stay in the United States until he is sentenced in February as he's unlikely to return to the country if allowed to travel to the United Arab Emirates, a federal judge has ruled.
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Judge Richard Jones has approved Changpeng Zhao, ex-CEO of Binance, admitting guilt to charges of money laundering. However, the decision regarding his departure from the U.S. before the February sentencing is pending.
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Binance founder Changpeng "CZ" Zhao is mandated to stay in the United States temporarily while a federal judge reviews a U.S. Department of Justice request that would compel his presence in the country until his sentencing in the early part of next year. 
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