In a dramatic move that's caused ripples throughout the financial sector, former U.S. President Donald Trump has issued a pardon to Changpeng Zhao, the convicted founder of Binance, the world's largest cryptocurrency exchange. Trump's decision marks a significant moment in a presidency marked by numerous pardons for financial executives and innovators.
Zhao expressed profound gratitude through a social media post, praising Trump's commitment to fairness, innovation, and justice. With this pardon, Zhao envisions transforming the U.S. into a global cryptocurrency hub. Binance, despite recent setbacks due to legal challenges under the Biden Administration, remains optimistic about future U.S. expansion.
This pardon is part of a broader pattern of Trump's pardons for individuals in the crypt