Trump says he has 'no idea who' Binance's CZ is after pardoning him
Update: 2025-11-03
Description
In a surprising turn of events, Binance founder Changpeng Zhao, known as CZ, received a presidential pardon from Donald Trump, despite his previous conviction for failing to counter money laundering. The pardon came amidst Binance's legal troubles, including a $4 billion settlement for enabling illegal transactions. Zhao's active campaign for a pardon and Binance's ties to Trump's family-owned companies have raised questions about influence and fairness in the crypto world, as cryptocurrencies become increasingly intertwined with global finance and politics.
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