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Maroc Maroc - WN.COM - Americas - 23/Oct 19:22

Trump pardons Binance founder Changpeng Zhao amid crypto controversy

President Donald Trump has issued a pardon to Changpeng Zhao, the co-founder of cryptocurrency exchange Binance, who had previously pleaded guilty to charges relating to inadequate anti-money-laundering controls, the White House confirmed Thursday. The pardon follows a broader pattern of Trump granting clemency to high-profile figures, including former New York Rep. George Santos and several crypto executives. White House Press Secretary Karoline Leavitt described the pardon as a corrective measure against what she termed the Biden administration’s war on cryptocurrency. “President Trump exercised his constitutional authority by...

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