Trump Pardons Binance Founder

Trump pardons Binance founder Changpeng Zhao after money-laundering conviction and four-month prison term.
Matilda
Trump Pardons Binance Founder
Trump Pardons Binance Founder Changpeng Zhao President Donald Trump has officially pardoned Binance founder Changpeng “CZ” Zhao , marking a major twist in one of the most high-profile cryptocurrency cases in recent years. The announcement — first reported by CNBC — comes as Trump reasserts his stance as a supporter of digital assets and the broader crypto industry. Image Credits:Zed Jameson / Bloomberg / Getty Images Why Trump Pardoned CZ According to a statement from White House Press Secretary Karoline Leavitt , “President Trump exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency.” The move is seen by many analysts as a bold political message, reinforcing Trump’s alignment with crypto advocates and entrepreneurs ahead of the next election cycle. Supporters claim the pardon restores fairness to a regulatory environment they believe was biased against crypto innovators. Background on CZ’s Convic…