Donald Trump officially granted a full presidential pardon to Binance founder and former CEO Changpeng Zhao (CZ) on October 23, 2025.
Here are the key facts behind the decision:
• The Pardon: On October 23, 2025, Trump signed an unconditional pardon for CZ, with the White House calling his prior prosecution an unfair effort against digital currency.
• The Background: CZ previously pleaded guilty in 2023 to anti-money laundering violations, resulting in a 4-month prison sentence in 2024 and a $4.3 billion fine for Binance.
• The Controversy: The pardon faced scrutiny due to reports that Binance hosted aspects of World Liberty Financial, a crypto venture run by the Trump family.
• The Response: Both CZ and representatives for the Trump venture have denied any corrupt arrangements or direct political links behind the clemency.
#TRUMP 👽
Here are the key facts behind the decision:
• The Pardon: On October 23, 2025, Trump signed an unconditional pardon for CZ, with the White House calling his prior prosecution an unfair effort against digital currency.
• The Background: CZ previously pleaded guilty in 2023 to anti-money laundering violations, resulting in a 4-month prison sentence in 2024 and a $4.3 billion fine for Binance.
• The Controversy: The pardon faced scrutiny due to reports that Binance hosted aspects of World Liberty Financial, a crypto venture run by the Trump family.
• The Response: Both CZ and representatives for the Trump venture have denied any corrupt arrangements or direct political links behind the clemency.
#TRUMP 👽
