Trump pardons Binance founder Changpeng Zhao.

President Donald Trump has granted a full pardon to Changpeng Zhao (CZ), the founder of Binance, less than a year after Zhao pleaded guilty to violating U.S. anti–money-laundering laws and served a four-month sentence.

🖱 The White House framed the move as a correction to “over-enforcement” of crypto laws by the previous administration, signaling a friendlier stance toward digital assets.
🖱 Binance had paid $4.3 billion in fines in 2023, while Zhao resigned as CEO, now the pardon could open the door for his potential return to crypto leadership.
🖱 Critics argue the decision undermines accountability, given Zhao’s conviction and Binance’s history of compliance failures tied to illicit transactions.
🖱 Supporters see it as a pro-innovation gesture, aligning with Trump’s broader plan to position the U.S. as a global crypto hub and attract blockchain investment.

Trump’s pardon of one of crypto’s most controversial figures cements his administration’s pivot toward regulatory forgiveness as economic strategy, abet that leniency will fuel another bull run.

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