Trump pardons convicted Binance founder Changpeng Zhao

• President Donald Trump pardoned Binance founder Changpeng Zhao.

• Zhao, who is widely known as CZ, had pleaded guilty in 2023 to enabling money laundering while CEO of the huge cryptocurrency exchange.

• Zhao’s plea was part of a $4.3 billion settlement Binance reached with the DOJ in 2023.

• Sen. Elizabeth Warren, a Massachusetts Democrat, blasted the pardon, calling it an example of “corruption.”