US EditionWhite House pardons billionaire crypto exec Changpeng Zhao two years after Binance founder pleaded guilty in landmark DOJ investigation
Trump pardoned Changpeng Zhao after his $4.3 billion settlement and four-month prison term, aiming to restore U.S. leadership in cryptocurrency innovation, White House said.
- President Trump pardoned Changpeng Zhao, founder of Binance, who pleaded guilty to money laundering charges in November 2023 and served four months in prison.
- Zhao's pardon is seen by the White House as an end to the Biden administration's 'war on cryptocurrency,' which allegedly targeted him without fraud allegations.
- White House press secretary Karoline Leavitt stated that the Biden administration's actions harmed the U.S. reputation in technology and innovation, highlighting Zhao as a victim.
- Zhao expressed regret for his actions and has been seeking a pardon to nullify his conviction, while his company, Binance, reached a multi-billion-dollar settlement with the U.S. government.
452 Articles
452 Articles
Donald Trump's Crypto Corruption Machine Is Whirring Along At A Stunning Pace
On Thursday, Donald Trump announced a presidential pardon of Binance founder Changpeng Zhao. Zhao, better known as CZ, pleaded guilty to money laundering charges in November 2023, then spent most of the summer of 2024 in a U.S. prison before his September 2024 release. Binance is the world's largest cryptocurrency exchange by a wide margin, and as one might expect from the hub for unaccountable fake money specifically designed to elude any regul…
Trump pardons founder of the crypto exchange Binance | Honolulu Star-Advertiser
President Donald Trump granted a pardon to Changpeng Zhao, the billionaire founder of cryptocurrency exchange Binance, wiping away one of the U.S. government’s most significant crackdowns on crypto crime.
Just Trump Pardoning Trump Investor Who Helped Hamas And Al Qaeda Launder Money
Binance founder/ pardonee Changpeng ZhaoBack when President Donald J. Trump’s second inauguration rolled around, his personal finances were not looking good. The state of New York had declared him a fraud, and fined him $364 million dollars, and the interest was compounding by the minute. There was even talk of Trump Tower getting seized and turned into the Letitia James Center For Kicking Trump Hard In The Nuts! But what a difference 10 months …
Trump pardons Binance founder Changpeng Zhao in shift for US crypto policy
President Donald Trump has granted a full pardon to Changpeng Zhao, the founder of Binance, bringing to a close one of the most closely watched legal battles in the cryptocurrency industry. The decision overturns Zhao's 2023 conviction for violating US anti – money-laundering and sanctions laws. It follows months of...Read Entire Article
Trump Pardons Binance Founder CZ
U.S. President Donald Trump has officially pardoned Changpeng “CZ” Zhao, the founder of the world’s largest crypto exchange Binance. “Will do everything we can to help make America the Capital of Crypto and advance web3 worldwide,” said Zhao on X, while also noting that he was “deeply grateful” for the pardon. Zhao was sentenced in April 2024 to four months in prison after pleading guilty to violating the Bank Secrecy Act, related to failures in…
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