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Binance founder Changpeng “CZ” Zhao pays a $175 million launch bond and comply with return to the US 14 days earlier than his Feb. 23, 2024 sentencing — probably permitting him to return to Dubai.
In a Nov. 21 bond doc filed in a Seattle federal court docket, Zhao agreed to share with the court docket the place he would reside and {that a} warrant might be issued for his arrest if he fails to point out up for his court docket date.
Failure to look in court docket carries a $250,000 effective and a most of 10 years in jail.
The U.S. is anticipated to overview Zhao’s bail order. If a decide denies overview of the order, it’s going to turn out to be efficient on Nov. 27 at 5 pm Washington time. If the decide grants a overview earlier than that date, Zhao should keep within the U.S. till a choice is made.
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