Technology10/23/2025•TechCrunch

Trump pardons Binance founder Changpeng Zhao

Trump pardons Binance founder Changpeng Zhao

Former U.S. President Donald Trump has pardoned Changpeng Zhao, the founder of the cryptocurrency exchange Binance. Zhao had previously pleaded guilty to charges related to enabling money laundering while running the platform. He served a four-month prison sentence last year. The pardon effectively clears Zhao's criminal record, removing the conviction and any associated penalties. This decision has generated significant discussion and debate within the cryptocurrency community, with some viewing it as a controversial move that could have broader implications for the industry. The article does not provide additional details on the specific circumstances surrounding Zhao's case or the reasons behind Trump's decision to issue the pardon. It remains to be seen how this development will impact Binance and Zhao's future involvement in the cryptocurrency space.

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