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.
The timing of this pardon shows how much political capital the crypto industry has built up. What's intersting is how Binance's cooperation with World Liberty Financial blurs the lines between policy and profit. I'd be watching closely to see if this sets a precedent for other exchange operators facing regulatory scrutiny.
The timing of this pardon shows how much political capital the crypto industry has built up. What's intersting is how Binance's cooperation with World Liberty Financial blurs the lines between policy and profit. I'd be watching closely to see if this sets a precedent for other exchange operators facing regulatory scrutiny.
conflict of interest is painted all over this. it's frightening how we have become so immune to it.