The D.C. District Court has summoned Binance CEO Changpeng Zhao in relation with the lawsuit filed against him by the SEC. Zhao has 21 days to respond to the complaint, failing which a default judgement will be entered against him.
A Bahamian Magistrate has ruled that Sam Bankman-Fried will not be extradited to the United States as of now. The former FTX CEO was expected to give up his extradition fight in court today.