Tag Archives: Changpeng

President Donald Trump insulted a CNN reporter Thursday who asked about his pardon of cryptocurrency exchange founder Changpeng Zhao. CNN anchor and chief Washington correspondent Kaitlan Collins asked Trump whether Zhao’s involvement with the president’s family’s crypto business was a factor in issuing the pardon. “A lot of people say that he wasn’t guilty of anything. He served four months …

Liv McMahonTechnology reporter Reuters Changpeng Zhao, founder of the world’s largest cryptocurrency exchange Binance, has been pardoned by US President Donald Trump. Zhao, also known as “CZ”, was sentenced to four months in prison in April 2024 after pleading guilty to violating US money laundering laws. Binance also pleaded guilty and was ordered to pay $4.3bn (£3.4bn) after a US …

President Donald Trump signed a pardon Wednesday for convicted crypto executive Changpeng Zhao, who founded the Binance crypto exchange, White House press secretary Karoline Leavitt said in a statement. “President Trump exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency,” Leavitt said. “In their desire to …

WASHINGTON (AP) — President Donald Trump has pardoned Binance founder Changpeng Zhao, who created the world’s largest cryptocurrency exchange and served prison time for failing to stop criminals from using the platform to move money connected to child sex abuse, drug trafficking and terrorism. The pardon caps a monthslong effort by Zhao, a billionaire commonly known as CZ in the …

Changpeng Zhao, former chief executive officer of Binance, arrives at federal court in Seattle, Washington, US, on Tuesday, April 30, 2024.  David Ryder | Bloomberg | Getty Images President Donald Trump has pardoned Binance founder Changpeng Zhao, who had previously pleaded guilty to enabling money laundering while heading the cryptocurrency exchange, the White House said Thursday. The pardon came two …