What happened
President Donald Trump pardoned billionaire cryptocurrency magnate Changpeng Zhao, the convicted founder of Binance, the White House said Thursday. Zhou, commonly known as CZ, served four months in prison last year after he and his company pleaded guilty to enabling money laundering by terrorists, drug traffickers, purveyors of child sexual abuse material and other criminals.
Who said what
The pardon followed “months of efforts by Zhao to boost the Trump family’s own crypto company,” said The Wall Street Journal. That company, World Liberty Financial, “has generated significantly more income for the Trump family in the past year than their property portfolio ever has annually,” and “Binance has been one of the…
