{"id":3178,"date":"2025-10-24T13:35:14","date_gmt":"2025-10-24T10:35:14","guid":{"rendered":"https:\/\/ukrmedia.news\/?p=3178"},"modified":"2025-10-24T13:35:14","modified_gmt":"2025-10-24T10:35:14","slug":"trump-pardons-binance-founder-changpeng","status":"publish","type":"post","link":"https:\/\/ukrmedia.news\/en\/world\/trump-pardons-binance-founder-changpeng\/","title":{"rendered":"Trump pardons Binance founder Changpeng Zhao"},"content":{"rendered":"

Trump grants full pardon to Binance founder<\/h2>\n

President of the United States Donald Trump<\/strong> announced the full and unconditional pardon<\/strong> founder of the cryptocurrency exchange Binance<\/strong> - Changpeng Zhao (CZ)<\/strong>, convicted of violating anti-money laundering laws.
This was reported in the Reuters<\/strong>.<\/p>\n

\n

CZ's return to the crypto business<\/h2>\n

Billionaire of Chinese origin, Canadian citizen Changpeng Zhao<\/strong> in 2023, he resigned from his position as CEO of Binance after the company admitted to financial control violations.
Binance paid a fine of $4.3 billion<\/strong>, and Zhao himself $50 million<\/strong> and took about four months in prison<\/strong>.<\/p>\n

After being pardoned, he will be able to return to managing the company he founded in 2017.<\/p>\n

\u00abI am deeply grateful for today's pardon and for Donald Trump's commitment to America's commitment to justice, innovation, and freedom,\u00bb CZ wrote in X.<\/p>\n

\n

A political signal<\/h2>\n

Trump's decision was part of his administration's policy of support for the crypto industry<\/strong> and \u00abcleansing\u00bb it from previous scandals related to regulation and prosecution.<\/p>\n

White House spokeswoman Caroline Levitt<\/strong> said that the prosecution of Zhao during the Biden administration was \u00abpart of the war on cryptocurrency\u00bb.<\/p>\n

\u00abThe President's team carefully reviewed all pardons before making the decision. We support those who promote innovation and transparency,\u00bb Levitt said.<\/p>","protected":false},"excerpt":{"rendered":"

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