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Changpeng Zhao reportedly received a pardon from Trump

Bloomberg reports that Zhao served a four-month sentence in 2024 after pleading guilty to failing to implement adequate anti-money laundering measures at Binance.

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1 Source, 1h ago, first seen 1h ago

TLDR

Bloomberg reports that Changpeng Zhao received a pardon from President Donald Trump. Bloomberg also says BNB jumped as much as 8% afterward, and that Zhao served a four-month sentence in 2024 after pleading guilty to failing to implement adequate anti-money laundering measures at Binance.

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Combined views

2.3K

1 Source, first seen 1h ago

2 likes1 comments2 reposts

Bloomberg reports that Changpeng Zhao, Binance's co-founder and former chief executive, received a pardon from President Donald Trump. The outlet also says BNB, the main transactional token on Binance's platform, jumped as much as 8% after the pardon.

Zhao, widely known as CZ, served a four-month sentence in 2024 after pleading guilty to failing to implement adequate anti-money laundering measures at Binance, according to Bloomberg. Bloomberg says that guilty plea was part of a broader deal with the U.S. government that included a $4.3 billion settlement with Binance.

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Useful Links

reuters.com

Trump pardons convicted Binance founder 'CZ' Zhao | Reuters

apnews.com

Trump pardons Binance founder Changpeng Zhao | AP News

CNN

Trump pardons Binance founder Changpeng Zhao | CNN Politics

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  • President Trump addresses decision to pardon Binance founder Changpeng Zhao: CNBC Crypto WorldCNBC Television · YouTube
  • Binance founder Changpeng Zhao on Pres. Trump's pardon: Now I'm a real free manCNBC Television · YouTube
  • President Trump pardons Binance founder Changpeng Zhao | BBC NewsBBC News · YouTube

Useful links

reuters.com

Trump pardons convicted Binance founder 'CZ' Zhao | Reuters

CNBC Television · YouTube

President Trump addresses decision to pardon Binance founder Changpeng Zhao: CNBC Crypto World

apnews.com

Trump pardons Binance founder Changpeng Zhao | AP News

CNBC Television · YouTube

Binance founder Changpeng Zhao on Pres. Trump's pardon: Now I'm a real free man

CNN

Trump pardons Binance founder Changpeng Zhao | CNN Politics

BBC News · YouTube

President Trump pardons Binance founder Changpeng Zhao | BBC News

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

Useful Links

reuters.com

Trump pardons convicted Binance founder 'CZ' Zhao | Reuters

apnews.com

Trump pardons Binance founder Changpeng Zhao | AP News

CNN

Trump pardons Binance founder Changpeng Zhao | CNN Politics

Related Videos

  • President Trump addresses decision to pardon Binance founder Changpeng Zhao: CNBC Crypto WorldCNBC Television · YouTube
  • Binance founder Changpeng Zhao on Pres. Trump's pardon: Now I'm a real free manCNBC Television · YouTube
  • President Trump pardons Binance founder Changpeng Zhao | BBC NewsBBC News · YouTube

2 Sources

BloombergBinance’s Token Surges After Founder Zhao Is Pardoned by Trump
@TechmemeAfter a four-month US prison sentence, Changpeng Zhao is now living a gilded life in Abu Dhabi; he retains majority ownership of Binance and a $10B+ net worth (@yaffebellany / New York Times) (Visit Techmeme dot com for the link and full context!)
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    2 Sources

    BloombergBinance’s Token Surges After Founder Zhao Is Pardoned by Trump
    @TechmemeAfter a four-month US prison sentence, Changpeng Zhao is now living a gilded life in Abu Dhabi; he retains majority ownership of Binance and a $10B+ net worth (@yaffebellany / New York Times) (Visit Techmeme dot com for the link and full context!)
    Today's Rank

    #11

    Today's Rank

    #11