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CZ Says US Crypto Rivals Opposed Trump Pardon Over Binance Comeback Fears
Binance co-founder Changpeng “CZ” Zhao said he was not highly confident he would receive a pardon from US President Donald Trump after serving a 4-month prison sentence in 2024 for violating US anti-money-laundering laws. “You never know because we actually had very strong anti-lobbying from some of our perceived competitors in the US,” Zhao told Ran Neuner on the Crypto Banter podcast published on Saturday. Zhao argued that other US crypto exchanges opposed a pardon because they were concerned Binance could return to the US market after its exit in November 2023. “The other crypto exchanges in the US ... (full story)