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What Might Trump’s Pardoning of CZ Mean for Crypto?
Donald Trump’s pardon of Changpeng Zhao (aka “CZ”) signals more than forgiveness, it broadcasts a new era of crypto-friendliness and raises questions about influence. Yesterday, the White House announced that President Trump had granted a full pardon to Changpeng Zhao, CZ, founder of the mega-exchange Binance. Zhao had pleaded guilty in 2023 to failing to maintain an effective anti-money-laundering program. As Reuters noted, “In a statement, White House press secretary Karoline Leavitt said [Trump] had ‘exercised his constitutional authority by issuing a pardon for Mr Zhao, who was prosecuted by the Biden ... (full story)
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