
Judge rules CZ must remain in the U.S. for now
A federal judge has reversed a previous decision that would have allowed Zhao to travel back to his home in the UAE before sentencing.

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Hong Kong's SFC said Binance is not among the platforms seeking a license in the region presently.

Zhao renamed his profile to disassociate it from Binance, triggering the error.

Trading volumes in Bitcoin futures and perpetual contracts surge in wake of Binance's $4 billion SEC fine.

The DOJ believes that CZ should be forced to stay in the U.S. stating he may not come back for sentencing if allowed to leave.

Crypto platform Matrixport argued for a 90% chance that the current macro-environment continues to support crypto.

A second $968 million fine was also described as OFAC's largest settlement.



