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.
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.
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.
What, exactly, could China do to prevent the US from sentencing a criminal in their own borders?
Can you elaborate on the one tweet thing? Im out of the loop
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:
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.
Holy shit Sam gor 105 years?!?!?
He’s facing 115 but won’t be sentenced until March
Ty for that breakdown