Trump Pardons Binance Founder Changpeng Zhao

1 min read
Source: The Verge
Trump Pardons Binance Founder Changpeng Zhao
Photo: The Verge
TL;DR Summary

President Donald Trump pardoned Binance founder Changpeng Zhao, who was previously sentenced to prison for failing to implement anti-money laundering protections, amid efforts by Binance and Zhao to improve relations with the US government and boost their crypto ventures. The pardon ends DOJ monitoring and signals a potential return to US business for Binance, amidst a broader trend of Trump pardoning tech figures and shifting attitudes towards crypto.

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