According to BlockBeats news on November 28th, a federal judge in the United States temporarily prohibited Binance founder CZ from leaving the country, according to the Wall Street Journal. The judge still needs to decide whether to require CZ to stay in the United States and wait for the judgment regarding the violation of anti-money laundering requirements. The judgment will be made at the end of February.

According to a BlockBeats report on November 28th citing the latest court documents, the US Department of Justice does not want to detain CZ before the verdict, but also does not want him to leave the United States, stating that CZ's "flight risk is controllable."

According to BlockBeats news on November 22, Binance VIP users have been granted a series of special privileges, including advance notice when being investigated by law enforcement agencies, according to the US Treasury Department's Financial Crimes Enforcement Network (FinCEN). According to FinCEN, Binance VIP team members were instructed to contact the investigated users through "all available means," including sending text messages and making phone calls to notify customers that their accounts have been frozen or unfrozen. FinCEN warned Binance VIP team members not to be too obvious in their prompts. The company told the VIP team, "Under FinCEN's order, we cannot give a strong hint or directly ask users to run/exit in any case, otherwise we will be prosecuted or held personally responsible. For example, your account has been unlocked/your account has been investigated by XXX, which is usually a sufficiently obvious and serious hint." According to FinCEN, Binance's internal reports show that in 2019, VIP customers "accounted for two-thirds to three-quarters of Binance's trading volume and trading revenue," and added that "therefore, Binance has a significant business incentive" to do everything possible to support these VIP users. Although the rules prohibit Americans from trading on the platform, US users "represent an important part of the VIP user group" and sometimes account for 20% of the trading fees on the exchange platform.

According to BlockBeats news on November 22nd, as per BitMEX Research, the court ruled that CZ will be allowed to reside in the United Arab Emirates while awaiting judgement. CZ must return to the United States 14 days before the verdict is announced.

According to market news on November 22nd, CZ's personal bail was $175 million. Prior to this, Binance founder CZ appeared in a Seattle court. CZ faces a maximum of 10 years in prison, but according to a plea agreement, the expected sentence will not exceed 18 months. The US Department of Justice has not made a final decision on his imprisonment duration, and defense lawyers stated in court that sentencing will be postponed by 6 months.

According to a BlockBeats report on November 22nd, Bloomberg News revealed that CZ has admitted to committing money laundering and violating US sanctions, and has reached a comprehensive settlement agreement with the US, allowing the cryptocurrency trading platform to continue operating. In addition, CZ faces a maximum of 10 years imprisonment, but under the plea agreement, the expected sentence is not more than 18 months. The US Department of Justice has not made a final decision on his imprisonment, and his defense lawyer stated in court that the sentencing will be postponed for 6 months.