Trump Pardons Binance Founder Zhao
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President Donald Trump pardoned Changpeng Zhao, the co-founder of the cryptocurrency exchange Binance, who was sentenced to four months in jail after pleading guilty to federal money laundering charges in 2023.
Among the broadcast networks, the CBS Evening News on Thursday was the only news program not to mention Donald Trump’s sudden pardon of money-laundering cryptocurrency billionaire Changpeng Zhao. While ABC,
Changpeng “CZ” Zhao, Binance’s co-founder, pushed back against Senator Elizabeth Warren’s claims, asserting that he never faced any money laundering charges.