Trump Pardons Convicted Binance Founder Changpeng Zhao

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.”

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