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Former Binance CEO’s Alleged Support For Trump Initiatives: A Strategy For Pardon?
Changpeng Zhao (CZ), the co-founder of Binance and former CEO of the world’s largest cryptocurrency exchange, is reportedly aligning himself with President Donald Trump’s policy initiatives following his recent release from a four-month jail sentence.
This shift comes as Zhao seeks to navigate the complexities of his situation in the US in light of his legal challenges, including a formal application for a presidential pardon after serving time for violations related to anti-money laundering laws (AML).
Will CZ’s Strategy Result?
As reported by Crypto in America, Zhao’s foundation, Giggle Academy, has partnered with American Legion Charities to donate $2 million to create a permanent scholarship for the children of fallen and disabled US service members.
Per the report, this initiative is particularly timely, coinciding with Trump’s renewed focus on artificial intelligence (AI) and blockchain technology.
Zhaos’ scholarship program aims to empower students by providing grants of up to $20,000 and features an annual competition that encourages participants to address pressing societal issues with innovative solutions.
This aligns with the Trump administration’s broader objectives, which include bolstering America’s position as a global leader in technology and cryptocurrency while supporting veterans and their families.
Recently, the president’s administration approved an $832 billion defense funding bill that includes pay raises and enhanced benefits for service members, further underscoring this commitment.
Former Binance CEO’s Pardon Application Gains Traction
Industry insiders view Zhao’s “philanthropic initiative” as potentially strategic, suggesting that it could be an attempt to gain favor with the president. “CZ knows what he’s doing,” remarked a crypto executive familiar with the landscape. The executive, who chose to remain anonymous when responding to Crypto in America’s inquiries
Changpeng Zhao (CZ), the co-founder of Binance and former CEO of the world’s largest cryptocurrency exchange, is reportedly aligning himself with President Donald Trump’s policy initiatives following his recent release from a four-month jail sentence.
This shift comes as Zhao seeks to navigate the complexities of his situation in the US in light of his legal challenges, including a formal application for a presidential pardon after serving time for violations related to anti-money laundering laws (AML).
Will CZ’s Strategy Result?
As reported by Crypto in America, Zhao’s foundation, Giggle Academy, has partnered with American Legion Charities to donate $2 million to create a permanent scholarship for the children of fallen and disabled US service members.
Per the report, this initiative is particularly timely, coinciding with Trump’s renewed focus on artificial intelligence (AI) and blockchain technology.
Zhaos’ scholarship program aims to empower students by providing grants of up to $20,000 and features an annual competition that encourages participants to address pressing societal issues with innovative solutions.
This aligns with the Trump administration’s broader objectives, which include bolstering America’s position as a global leader in technology and cryptocurrency while supporting veterans and their families.
Recently, the president’s administration approved an $832 billion defense funding bill that includes pay raises and enhanced benefits for service members, further underscoring this commitment.
Former Binance CEO’s Pardon Application Gains Traction
Industry insiders view Zhao’s “philanthropic initiative” as potentially strategic, suggesting that it could be an attempt to gain favor with the president. “CZ knows what he’s doing,” remarked a crypto executive familiar with the landscape. The executive, who chose to remain anonymous when responding to Crypto in America’s inquiries
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$TON s-a alăturat acum un an, dar se confruntă în continuare cu pierderi în fiecare zi. Nu știu ce să fac în continuare. Este o situație foarte dureroasă pentru mine. Te rog, sugerează-mi ceva.
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$BNB Is Near to its New All time High if You're Holding BNB Keep hold with Patience it will soon hit $1000 and yiu can sell then.
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How are these points earned on Rewards Hub?
Simply by daily check-in? Too slow
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Simply by daily check-in? Too slow
Someone clear this😣🚁🙏
#BTC
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The irony of struggles my friend Hard job vs My Battlefield
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#BinanceAlpha$1.7MRecompensă ce este despre #layer
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