Derar-Hadri
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🇺🇸 Trump pardons Binance founder CZ: “What he did is not a crime”
In a surprising move, U.S. President Donald Trump announced that he has granted a presidential pardon to the founder of the Binance platform, Changpeng “CZ” Zhao, stating that he made the decision after recommendations and support from “a large number of people” who assured him that what he did “is not a crime at all.”
🗓 The pardon was officially signed on Wednesday, and Binance confirmed the news in a statement
During a press conference on Thursday, Trump said:
“I don’t know him personally, and I haven’t met him before, but I’ve been told he has broad support and that what he did is not a crime, but rather he was a victim of persecution by the Biden administration.”
It is worth noting that CZ had been sentenced to only four months in prison after pleading guilty to a charge of not implementing an effective anti-money laundering program under the U.S. Bank Secrecy Act.
His attorney, Teresa Goody Gillen, welcomed the decision, saying:
“My client faced only one charge related to the ineffectiveness of the compliance program — no fraud, no victims, no criminal record, and no money laundering.”
In his first comment after the pardon, CZ said:
“I will do everything in my power to help make America the capital of digital currencies and to advance Web3 globally.” 🌍💪
#CZ #CZ #Crypto #Trump #Web3 #ضرار_الحضري
In a surprising move, U.S. President Donald Trump announced that he has granted a presidential pardon to the founder of the Binance platform, Changpeng “CZ” Zhao, stating that he made the decision after recommendations and support from “a large number of people” who assured him that what he did “is not a crime at all.”
🗓 The pardon was officially signed on Wednesday, and Binance confirmed the news in a statement
During a press conference on Thursday, Trump said:
“I don’t know him personally, and I haven’t met him before, but I’ve been told he has broad support and that what he did is not a crime, but rather he was a victim of persecution by the Biden administration.”
It is worth noting that CZ had been sentenced to only four months in prison after pleading guilty to a charge of not implementing an effective anti-money laundering program under the U.S. Bank Secrecy Act.
His attorney, Teresa Goody Gillen, welcomed the decision, saying:
“My client faced only one charge related to the ineffectiveness of the compliance program — no fraud, no victims, no criminal record, and no money laundering.”
In his first comment after the pardon, CZ said:
“I will do everything in my power to help make America the capital of digital currencies and to advance Web3 globally.” 🌍💪
#CZ #CZ #Crypto #Trump #Web3 #ضرار_الحضري
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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