US EditionWhite House pardons billionaire crypto exec Changpeng Zhao two years after Binance founder pleaded guilty in landmark DOJ investigation
- President Donald Trump pardoned Changpeng Zhao, the founder of Binance, who had pleaded guilty for violating anti-money laundering laws in 2023.
- Changpeng Zhao served a four-month prison sentence after paying $4 billion to the Department of Justice to resolve the investigation.
- White House Press Secretary Karoline Leavitt stated that Zhao's pardon signals the end of the Biden Administration's 'War on Crypto.'
- Zhao expressed gratitude to Trump and committed to supporting U.S. leadership in the cryptocurrency sector.
320 Articles
320 Articles
Donald Trump has pardoned Zhao Changpeng, the founder of Binance, the world's largest cryptocurrency exchange, after he was convicted of money laundering.
Changpeng Zhao served a prison sentence for not preventing criminals from using the cryptocurrency platform he founded.
Massive Conflict: Trump Enraged By Questions Over Pardon Of Binance Mogul
Just after pardoning the founder of Binance, President Donald Trump struggled to explain his decision — appearing unfamiliar with both the recipient and the legal issues surrounding the case that led to his conviction.“President Trump has pardoned Changpeng Zhao,” The Wall Street Journal reported on Thursday, “the convicted founder of the crypto exchange Binance, following months of efforts by Zhao to boost the Trump family’s own crypto company.…
'I don't know — he was recommended': Trump struggles to justify latest pardon
Just after pardoning the founder of Binance, President Donald Trump struggled to explain his decision — appearing unfamiliar with both the recipient and the legal issues surrounding the case that led to his conviction.“President Trump has pardoned Changpeng Zhao,” The Wall Street Journal reported on Thursday, “the convicted founder of the crypto exchange Binance, following months of efforts by Zhao to boost the Trump family’s own crypto company.…
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