President Donald Trump granted a full pardon in late October to Changpeng Zhao, the billionaire founder of crypto exchange Binance Holdings Ltd. Zhao had pleaded guilty in 2023 to violating U.S. anti-money-laundering laws. His pardon follows months of lobbying from crypto industry allies amid growing ties between Binance and a Trump-family-linked digita…
Crypto and clemency converge in Trump’s pardon of Binance founder
Zhao’s pardon underscores a shift: in Washington, crypto’s legal fortunes now rise and fall less on compliance records and more on political alignment.
