US President Donald Trump granted clemency to Changpeng Zhao (CZ), the founder of Binance, who previously pleaded guilty to money laundering charges. This pardon was announced by the White House on October 23, 2025, and is linked to the Trump family's crypto business.
CZ served a four-month prison sentence in 2024 after pleading guilty to violating the Bank Secrecy Act for failing to implement proper anti-money laundering (AML) measures for Binance. As part of the deal, Binance agreed to pay $4.3 billion to settle claims with the US Department of Justice.
This pardon is seen as a positive signal for the crypto industry in the US, with the prices of Bitcoin (BTC) and BNB soaring after the announcement. CZ himself expressed his gratitude to Trump for the pardon.
Does this affect the coin supported by CZ?$ASTER $BNB $TRUMP



