
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.”