The post Changpeng Zhao of Binance Pursues Pardon from Trump Amid Ongoing Legal Challenges appeared on BitcoinEthereumNews.com.

In a surprising turn of events, Binance founder Changpeng “CZ” Zhao has publicly stated his intention to seek a pardon from President Trump after serving a four-month prison sentence. This revelation comes as Zhao seeks to clarify misinformation regarding his legal status and potential equity negotiations involving Binance.US. Zhao emphasized during an exclusive interview that he is working with legal counsel to pursue this pardon officially, amid a backdrop of various media reports mischaracterizing his intentions. Changpeng “CZ” Zhao, founder of Binance, announces his application for a pardon from President Trump, seeking to correct media misconceptions regarding his intent. Changpeng Zhao’s Legal Journey: From Prison to Pardon Application Following his recent completion of a prison sentence for money laundering charges, Changpeng “CZ” Zhao has initiated steps towards seeking a presidential pardon. In a candid interview with Rug Radio’s Farokh Sarmad, Zhao addressed widespread rumors about improper dealings concerning Binance.US. He firmly denied that he is attempting to trade equity in Binance.US for a pardon, stating, “That’s completely not true. I’ve had zero discussions about Binance.US equity with anyone.” This statement aims to clear the air relating to his ongoing legal challenges. Clarifying Misunderstandings: The Truth Behind the Pardon Application During the interview, Zhao revealed that the pardon application process began just a couple of weeks ago, motivated by recent inaccuracies reported by media outlets. “If they’re writing these articles, we might as well officially apply, right?” he remarked, showcasing a pragmatic approach in addressing the unfolding circumstances. Such misreports have fueled his determination to take action, prompting Zhao to collaborate with legal experts to ensure the proper steps are followed. The Context of Presidential Pardons in the Crypto Sphere Trump’s history of granting pardons to individuals in the cryptocurrency sector adds a layer of intrigue to Zhao’s decision. Notably, he…

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Filed under: News - @ May 9, 2025 2:27 am