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Judge rules Binance ex-chief CZ must remain in US

Prosecutors claim CZ poses a flight risk because most of his wealth is outside the country and the UAE has no extradition deal with the US.

Who is Richard Teng, Binance’s new CEO?

Richard Teng is the incoming CEO of Binance and will oversee its payments of over $4.3 billion to the US government.

Binance says card withdrawals aren’t working, a problem that began right after the DoJ first filed indictments on November 14.

Binance’s $4.3 billion fine could have been avoided if only it had adhered to CZ’s well-documented recipe for business success.

Nearly $200M in bitcoin has left Binance’s coffers after CZ pled guilty to federal charges. Prosecutors say the ex-CEO is a flight risk.