A federal judge said former Binance CEO Changpeng Zhao is a flight risk if he returns to the UAE and must remain in the U.S. while awaiting sentencing.
Concerns over the potential misuse of AI have prompted the U.S., U.K., China and the G7 to speed up regulation of the technology, but Europe is already ahead.
This court “hereby accepts the guilty plea of the defendant to the charge [...] and the defendant is adjudged guilty of such offense,” wrote Judge Richard Jones.