Trump pardons Binance cryptocurrency founder Changpeng Zhao | Crypto News
US President Donald Trump pardons former Binance CEO Changpeng Zhao after money-laundering conviction.
Published On 23 Oct 2025
US President Donald Trump has pardoned Changpeng Zhao, founder of the giant Binance cryptocurrency exchange, who was convicted of violating the United States’ money-laundering laws.
In a statement on Thursday, White House press secretary Karoline Leavitt said Trump had “exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency”.
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