Trump's Pardon of Binance's Founder Raises Questions
Changpeng 'CZ' Zhao, co-founder of Binance Holdings Ltd., has been granted a pardon by President Donald Trump, following a guilty plea for violating anti-money laundering laws in 2023.
Zhao, worth an estimated $85 billion, is the richest man in crypto and founded cryptocurrency exchange Binance in 2017.
- Binance is the world's biggest crypto exchange in terms of daily trading volume.
- The exchange allows customers to buy, sell, and hold cryptocurrencies on its platform.
Changpeng 'CZ' Zhao discussed the future of digital assets at an event in Kuala Lumpur, Malaysia.
Author's summary: Trump pardons Binance founder Changpeng Zhao.
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