This is insufficient, prosecutors said in Wednesday’s filing. If Zhao did not return to the U.S., they wouldn’t be able to secure the $175 million bond as most of his assets are outside the country, and Zhao is wealthy enough that he could pay off the rest of the funds without an issue, they said. There also isn’t an extradition treaty between the UAE and the U.S.
Binance’s Ex-CEO CZ ‘Poses a Serious Risk of Flight,’ Prosecutors Claim in Asking He Stay in U.S.
