Article 70Z5E Trump pardons founder of Binance, world’s largest crypto exchange

Trump pardons founder of Binance, world’s largest crypto exchange

by
Nick Robins-Early
from Technology | The Guardian on (#70Z5E)

Changpeng Zhao pleaded guilty to failing to stop money laundering in 2023 and was sentenced to four months

Donald Trump issued a pardon for the founder of the world's largest cryptocurrency exchange on Thursday.

President Trump exercised his constitutional authority by issuing a pardon for Mr Zhao, who was prosecuted by the Biden administration in their war on cryptocurrency," a White House statement said. The war on crypto is over."

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