Trump Grants Clemency to Binance’s Zhao After Contradictory Appeals
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President Donald Trump’s pardon of Changpeng “CZ” Zhao culminates a period of intense and contradictory lobbying by the former Binance CEO.
Zhao initially denied a Wall Street Journal report that he was seeking a pardon, only to admit weeks later on a podcast that he had formally submitted a request.
The White House justified the decision by stating the Biden Administration pursued Zhao without evidence of fraud, framing it as part of a “war on cryptocurrency” that is now concluded.
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