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Cheddar News
  • 7 weeks ago
President Trump has pardoned Changpeng Zhao, the Binance founder who pleaded guilty to money laundering charges.
Transcript
00:00President Trump has pardoned Jiangpeng Zhao, better known as CZ, the Binance founder who pleaded guilty to money laundering charges.
00:07The White House claims the Biden administration unfairly targeted CZ without evidence of fraud or victims.
00:14CZ expressed gratitude and promised to help advance crypto innovation in the U.S.
00:19Critics of the pardon call it corruption, pointing to CZ's ties to Trump's crypto ventures and the broader fight over crypto regulation.
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