Trump pardons jailed Binance founder who supported Trump family crypto business : NPR
President Trump’s pardon for the founder of the cryptocurrency exchange Binance erases one of the government’s most significant crackdowns on crypto crime.
STEVE INSKEEP, HOST:
President Trump pardoned the founder of the crypto marketplace Binance, Changpeng Zhao, better known as CZ. His company has become an important supporter of the Trump family’s own crypto business. NPR’s Bobby Allyn reports.
BOBBY ALLYN, BYLINE: CZ predicted it. In May, eight months out of prison, he appeared on a tech-friendly podcast to discuss Trump’s pro-crypto policies.
(SOUNDBITE OF PODCAST, “FAROKH RADIO”)
CHANGPENG ZHAO: I was like, yeah, well, obviously, this will be a good guy for our industry…
FAROKH…
