CZ is still due to be released from detention in 38 days, but according to records, CZ has been moved by authorities to an administrative facility in the Greater Los Angeles area.
In an attempt to gain permission to temporarily return to the UAE, former Binance CEO CZ attempted to pledge his multibillion-dollar interest in Binance US.
An injunction from a federal judge will still prevent former Binance CEO Changpeng Zhao โCZโ from leaving the country prior to his sentencing hearing.
The CFTC will receive payments of $150 million from CZ Zhao and $2.7 billion from Binance as a result of an order imposed by a US court against the crypto exchange.