Binance Founder Ordered to Remain in U.S. Before Sentencing

Changpeng Zhao, the founder of the giant cryptocurrency exchange Binance, must remain in the United States as he waits to be sentenced for violating federal money-laundering rules, a judge ruled on Thursday.

Mr. Zhao, who goes by his initials, CZ, pleaded guilty to the charge last month as part of a wide-ranging settlement of several interlocking investigations into Binance by the federal government. A titanic figure . . .