Trump Pardons Convicted Binance Founder Zhao, White House Says
Binance founder Changpeng Zhao, also known as CZ, attends the Bitcoin Asia conference, in Hong Kong, China, August 29, 2025. (Reuters/Tyrone Siu)
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President Donald Trump has pardoned convicted Binance founder Changpeng Zhao, a White House official said on Thursday.
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 Administration in their war on cryptocurrency.”
Binance did not immediately respond to a request for comment
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(Reporting by Doina Chiacu and Gram Slattery; editing by Rami Ayyub)
