Trump pardons Binance founder Changpeng Zhao

1 min read
Source: CNBC
Trump pardons Binance founder Changpeng Zhao
Photo: CNBC
TL;DR

President Donald Trump has pardoned Binance founder Changpeng Zhao, who had pleaded guilty to enabling money laundering and violating U.S. sanctions, amid ongoing tensions between the U.S. government and the cryptocurrency industry. The pardon follows Zhao's guilty plea and a settlement with the DOJ, and is part of broader political narratives around regulation and innovation in crypto.

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