Trump Pardons Changpeng Zhao, Founder of the Crypto Exchange Binance

The New York TimesThursday, October 23, 2025 at 6:06:43 PM
Trump Pardons Changpeng Zhao, Founder of the Crypto Exchange Binance
In a surprising turn of events, former President Trump has pardoned Changpeng Zhao, the founder of the cryptocurrency exchange Binance, who faced serious allegations related to money laundering. This decision is significant as it not only impacts Zhao's future but also the broader crypto industry, which has been under scrutiny. Zhao's pardon could restore confidence among investors and users of Binance, potentially stabilizing the market amidst ongoing regulatory challenges.
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