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News in English (USA) / 26.10.2025 / 15:00

Trump Pardons Binance Founder Changpeng Zhao Amid Controversy

In a surprising move, former President Trump granted a pardon to Changpeng Zhao, the founder of the cryptocurrency exchange Binance, who previously pleaded guilty to a money laundering-related charge. This decision has ignited a wave of criticism from various political figures, including Senator Elizabeth Warren and Maxine Waters, with accusations of favoritism towards wealthy individuals and concerns over the implications for white-collar crime. Supporters of Trump have also expressed mixed feelings, with one prominent backer arguing that the pardon exemplifies significant fraud. Zhao, now free, has vowed to help make America a leader in the crypto industry, sparking discussions about the future of digital assets in the U.S.
Politico, The Atlantic, CBS News, MSNBC News, Yahoo, CNN, Axios, WKYT, The Wall Street Journal, Slate