Categories: BUSINESS

Trump pardons Binance founder: Changpeng Zhao accused of money laundering; crypto billionaire reacts

President Trump has pardoned Binance founder Changpeng Zhao, who pleaded guilty to enabling money laundering. The White House stated the pardon was an exercise of constitutional authority against the Biden Administration’s “war on cryptocurrency.” Zhao, who had agreed to step down as CEO and pay a $4.3 billion settlement, expressed gratitude for the pardon.
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Sumitra
11 months ago

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