US President Donald J. Trump has pardoned Changpeng Zhao, the convicted founder of Binance. The announcement was made on Thursday, October 23, 2025. Zhao, commonly known as CZ, faced legal challenges prior to the pardon.
This decision comes amid various political developments in the United States. In related coverage, Trump has also made headlines for threatening to cut off funding for Israel over West Bank annexation issues. For more on this, see our article on Trump"s recent threats regarding funding.
The pardon of Zhao marks a significant moment in the ongoing discourse surrounding cryptocurrency and regulatory measures in the financial sector. Further details on this situation are expected to emerge in the coming days.
As previously reported, Trump has been involved in various political controversies, including recent developments related to Ukraine missile restrictions. For more information, refer to our coverage on Trump"s denial of missile restrictions.
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