#MarketRebound Analysis of the Presidential Pardon for Changpeng Zhao (CZ) and its Impact on the Crypto Ecosystem
On October 23, 2025, the President of the United States, Donald Trump, granted a presidential pardon to Changpeng Zhao, founder of Binance. This decision comes after Zhao's conviction in 2024 for violating the Bank Secrecy Act, resulting in a four-month prison sentence and a fine of $50 million (AP News).
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