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Is there a significant risk of absconding? Zhao Changpeng's proposal to move to the UAE has been put on hold by a judge.

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Is there a significant risk of absconding? Zhao Changpeng

Under continued pressure from federal prosecutors at the U.S. Department of Justice, Seattle District Judge Richard Jones issued a temporary ruling that puts on hold the decision to allow Zhao Changpeng (CZ) to return to the UAE pending his sentencing hearing in February next year.

DOJ Makes New Detention Request: CZ Faces Up to Ten Years, UAE May Not Release Him

Zhao Changpeng may face risk of fleeing to the UAE

According to a report by Bloomberg, Judge Richard Jones's ruling indicates that allowing CZ to return to the UAE is now considered to have substantial risks, considering CZ's huge assets, his relationship with the UAE, and the potential extradition obstacles.

This seems to be the result of continuous pressure from federal prosecutors since November 22.

Previously, Judge Richard Jones had commented on CZ's request to return to the UAE for trial:

I think your appearance in court this time has greatly alleviated concerns about fleeing. You are not obligated to come to this country, but you did. As you said, your intention is to resolve this case, not to flee. Therefore, I think we will allow you to stay in the UAE.

Zhao Changpeng drops lawsuit, changes Twitter name

Zhao Changpeng has changed his Twitter name from "CZ ๐Ÿ”ถ BINANCE" to "CZ ๐Ÿ”ถ BNB".

When interacting with the community, he hinted that the matter of returning to the UAE is still pending.

He also mentioned that he has been reading content on biotechnology and thinking about how to make funding for related research more efficient through cryptocurrency.