President Grants Pardon: Trump Commutes Sentence of Convicted Binance Founder Changpeng Zhao
The White House has confirmed that the President granted a pardon to Changpeng Zhao (CZ), the convicted founder of the cryptocurrency exchange Binance. Zhao had previously pleaded guilty to federal charges related to money laundering and violating U.S. sanctions laws, resulting in a prison sentence and massive corporate fines for Binance. The decision to pardon…