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Changpeng Zhao 'CZ' Confirms He Has Applied for Trump Pardon After Prison Term

  • On May 5, 2025, Changpeng Zhao, who established Binance and previously served as its CEO, revealed that his legal team had formally submitted a presidential pardon request to Donald Trump.
  • This application followed news coverage in March 2025 that speculated about Zhao pursuing clemency and possible business connections with associates of the Trump family.
  • Zhao pleaded guilty in November 2023 to failing to maintain effective anti-money laundering controls at Binance, paid $50 million personally, and served four months starting April 2024 in U.S. Federal prison.
  • Zhao stated, "I got lawyers applying," and added, "No felon would mind a pardon," while denying negotiations involving Binance and Trump allies.
  • The request reflects changes in the pardon process that now takes months instead of years and could influence Zhao's future involvement in Binance or crypto-related advisory roles internationally.
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Binance founder “CZ” seeks pardon from President Trump after four month stint in prison

Changpeng Zhao, former Binance CEO, applied for a pardon two weeks ago.

·New York, United States
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coinsurges.com broke the news in on Wednesday, May 7, 2025.
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