Binance founder Changpeng Zhao lands a Trump pardon

Here is a 184-word summary of the key facts from the article: Binance founder Changpeng Zhao has received a pardon from former President Donald Trump. Zhao had pleaded guilty in 2023 to federal money laundering charges and was sentenced to four months in prison, which he served until his release in September 2024. As part of his plea deal, Zhao stepped down as Binance's CEO and was banned from involvement with the company for three years. Both Zhao and Binance reportedly applied for pardons this year. Trump issued the pardon, stating it was part of his "war on the Biden Administration's war on cryptocurrency." The pardon could allow Binance to resume operations in the US, as the company was previously barred after pleading guilty to money laundering violations. Binance is also involved with the Trump family's cryptocurrency business, World Liberty Financial, which has generated significant profits. Other prominent crypto figures, including FTX founder Sam Bankman-Fried and Tron founder Justin Sun, have also sought or received favorable treatment from the Trump administration regarding legal issues.