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Asia Morning Briefing: After CZ’s Pardon, Odds Rise for Sam Bankman-Fried’s Second Chance

Summary by Coin Desk
It's still a long shot that FTX's Sam Bankman-Fried will be pardoned, but odds have spiked as Binance's Changpeng Zhao has its criminal record deleted.
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Hours after receiving President Donald Trump's pardon, Binance Holdings Ltd's co-founder billionaire Changpeng Zhao issued a message of gratitude in full flight and expressed his renewed ambitions for the world's largest cryptocurrency exchange platform. "Deeply grateful for today's pardon and with President Trump for maintaining America's commitment to equity, innovation and justice," Zhao published in X. "We will do our best to help make the U…

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Coin Desk broke the news in Manila, Philippines on Friday, October 24, 2025.
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