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

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

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 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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