$BNB
🚨 *BREAKING: Trump Pardons Binance Founder CZ!*
Former U.S. President *Donald Trump* has officially *pardoned Binance founder Changpeng Zhao (CZ)*, according to a report by the Wall Street Journal citing sources familiar with the matter.
The decision comes after *months of CZ’s support efforts* for a crypto company tied to the Trump family. Trump reportedly expressed sympathy for claims that CZ was politically targeted by the Biden administration’s war on crypto.
*White House press secretary Karoline Leavitt* confirmed the pardon, stating:
> "President Trump exercised his constitutional authority to pardon Mr. Zhao, who was targeted under the Biden administration’s anti-crypto crackdown."
Leavitt also declared:
> "The Biden administration’s war on crypto is over."
CZ, a Canadian entrepreneur born in China, had pleaded guilty to money laundering charges in 2023, stepped down as CEO, and served a 4-month sentence ending in September 2024.
#CryptoNews #CZ #Trump #Binance #Bitcoin #BinanceSquare
🚨 *BREAKING: Trump Pardons Binance Founder CZ!*
Former U.S. President *Donald Trump* has officially *pardoned Binance founder Changpeng Zhao (CZ)*, according to a report by the Wall Street Journal citing sources familiar with the matter.
The decision comes after *months of CZ’s support efforts* for a crypto company tied to the Trump family. Trump reportedly expressed sympathy for claims that CZ was politically targeted by the Biden administration’s war on crypto.
*White House press secretary Karoline Leavitt* confirmed the pardon, stating:
> "President Trump exercised his constitutional authority to pardon Mr. Zhao, who was targeted under the Biden administration’s anti-crypto crackdown."
Leavitt also declared:
> "The Biden administration’s war on crypto is over."
CZ, a Canadian entrepreneur born in China, had pleaded guilty to money laundering charges in 2023, stepped down as CEO, and served a 4-month sentence ending in September 2024.
#CryptoNews #CZ #Trump #Binance #Bitcoin #BinanceSquare