'No idea who he is', says Trump after pardoning crypto tycoon

BBC News•Monday, November 3, 2025 at 6:16:03 AM

In a surprising move, President Trump has pardoned Changpeng Zhao, the co-founder of the world's largest crypto exchange, which has sparked discussions about the implications for the cryptocurrency industry. This decision not only highlights Trump's ongoing support for the crypto sector but also raises questions about Zhao's past and future in the financial landscape. The pardon could signal a more favorable regulatory environment for cryptocurrencies, making it a significant moment for investors and enthusiasts alike.

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