Trump Pardons Founder of the Crypto Exchange Binance

October 23, 2025

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1 min read

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The New York Times

Changpeng Zhao, the richest man in crypto, had admitted to money-laundering violations that allowed terrorists and other criminals to move money on Binance.

President Trump granted a pardon to Changpeng Zhao, the billionaire founder of the cryptocurrency exchange Binance, wiping away one of the U.S. government’s most significant crackdowns on crypto crime. Mr. Zhao had pleaded guilty to money-laundering ... [5665 chars]

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Source: The New York Times

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