With fresh pardon, CZ owns Donald Trump
Changpeng Zhao (aka CZ), who was convicted for not abiding by anti-money laundering laws and violating the Bank Secrecy Act, has been granted a new legal clean slate, with President Donald Trump providing the founder and former Binance CEO a pardon. CZ was forced to resign from his executive position at the world’s biggest crypto exchange in 2023. Binance was also forced to pay the largest fine to the US government in history. The reason for the pardon wasn’t spelled out for the public. However, according to the Wall Street Journal, White House press secretary Karoline Leavitt said that 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.” Changpeng Zhao says WSJ was paid to smear him Read more: Binance wants a Trump partnership and a pardon for CZ, report There are no laws here, only unenforceable rules What CZ’s pardon makes clear — as if it w...