White House struggles to defend Trump’s pardon for founder of Binance crypto exchange
Just when it seemed Donald Trump’s pardons and commutations couldn’t become any more scandalous, the president appears to have dug a hole in the bottom of the barrel. The Wall Street Journal reported:
President Trump has pardoned Changpeng Zhao, the convicted founder of the crypto exchange Binance, following months of efforts by Zhao to boost the Trump family’s own crypto company. The president signed the pardon on Wednesday, people familiar with the matter said.
The closer one looks at the details of this story, the more corrupt it appears.
When Zhao was first prosecuted a couple of years ago, the federal case was a joint effort launched by the Justice Department, the Treasury Department, the Commodity Futures Trading Commission and…
