The man who flipped $4.3 billion in federal fines into a handshake deal with a future president now walks free. Every rule in place to stop dodgy money is now a doorway to the inside track. It’s the union of political muscle and financial secrecy and you’re not invited to the handshake.
BREAKING: Donald Trump has pardoned Binance founder Changpeng Zhao, whose crypto exchange has been boosting the Trump family’s own crypto venture, WSJ reports.
The most corrupt president in history. pic.twitter.com/llQieMuzYs
— Republicans against Trump (@RpsAgainstTrump) October 23, 2025
Trump Pardons Convicted Binance Founder
Pardon follows months of efforts by Changpeng Zhao to boost the Trump crypto company
President Trump has pardoned Changpeng Zhao, the convicted founder of the crypto exchange Binance, following months of efforts by Zhao to boost the Trump family’s own crypto company.
The president signed the pardon on Wednesday, people familiar with the matter said. Trump recently indicated to advisers that he was sympathetic to arguments of political persecution related to Zhao and others, one of the people said.
White House press secretary Karoline Leavitt said that Trump had “exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency.” She added: “The Biden Administration’s war on crypto is over.”
https://www.wsj.com/finance/currencies/trump-binance-changpeng-zhao-pardon-7509bd63